Ripple Denies Acquisition Rumors, Refutes Claims of $5 Billion Offer to Acquire Circle

Ripple CEO Brad Garlinghouse has vehemently denied reports of a proposed acquisition bid from Ripple to acquire Circle, the issuer of the USDC stablecoin. These claims emerged from unnamed sources within industry media and suggested a potential deal worth up to $5 billion. Garlinghouse categorically refuted these assertions, stating that Ripple has no current agreements or plans regarding a purchase of Circle.