Why Circle Rejected Ripple’s $5 Billion Takeover Offer: Key Reasons Explained

Ripple’s ambitious move to acquire Circle, the company behind the second-largest stablecoin, USDC, has reportedly been rejected. Despite Ripple’s efforts to make a significant splash in the stablecoin market, its takeover offer of between $4 billion and $5 billion was turned down by Circle. According to Bloomberg sources, Circle deemed the offer too low, and […]