Ripple Makes Ambitious $20B Bid for Circle, Spark Debate Over Valuation

Ripple’s unexpected move to increase its bid for Circle from $5 billion to an astounding $20 billion has sent shockwaves through the crypto market. The drastic change in valuation is fueling speculation about Ripple’s strategic intentions and the future of the financial landscape. Experts remain divided on the feasibility of such a high offer, with some suggesting it overestimates Circle’s true worth. The $20 billion bid could signal a bold move by Ripple CEO Brad Garlinghouse to aggressively secure its position in the financial sector.