Circle Refuses Ripple’s $5 Billion Acquisition Offer, Signals Independent Growth

Ripple’s ambitious bid to acquire Circle for $4 billion to $5 billion has been rejected. This decision signals a commitment from Circle towards independent growth and its upcoming IPO. Despite the rejection, Ripple seeks to expand its influence in the stablecoin market, specifically targeting Circle’s USDC operations. 🤝 The move reflects both companies’ distinct long-term visions for their respective businesses.