Ripple’s $20 Billion Offer Sparks Crypto Speculation Over Acquisition of Circle

Following the rejection of its initial $5 billion bid for Circle, Ripple is reportedly planning a renewed offer worth up to $20 billion. This potential deal has sparked significant speculation within the crypto community. Xrp lawyer John Deaton highlighted Coinbase’s minority stake in Circle as a possible point of contention if Ripple proceeds with a higher bid. Ripple’s ambitions could lead to direct competition with Coinbase, given their shared interests in stablecoin markets. 💰