Ripple Denies Acquisition Rumors About Circle, Market Responds Calmly

Rumors of Ripple acquiring fintech firm Circle have been quashed by Ripple itself and its CTO. While initially sparking market speculation, Ripple’s clarification emphasized the company’s focus on separate ventures. The rumors sparked a brief dip in XRP and USDC price, but ultimately minimal impact was seen as the market moved past the speculation. Both companies remain focused on their respective paths with Circle aiming for an upcoming IPO and Ripple continuing to explore stablecoin possibilities.