Ripple CEO Brad Garlinghouse has officially refuted rumors of an acquisition of the company Circle, dispelling claims that Ripple would buy the exchange. This statement came after initial reports fueled speculation in the cryptocurrency market impacting XRP prices. While Ripple maintains a focus on its current projects and development, Circle, aiming for an IPO, will list their stablecoin USDC on the NYSE, highlighting the shift away from acquisition discussions. The ripple effect of these rumors was quickly followed by price fluctuations in the XRP token. Experts anticipate that this volatility will subside as Ripple continues to develop new initiatives, rather than being affected by speculation regarding a hypothetical acquisition.