Ripple Eyes $20B Circle Deal as Failed Bid Sparks Crypto Speculation

By: cryptosheadlines|2025/05/03 03:30:01
0
Share
copy
Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com Ripple reportedly revives a $20 billion bid for Circle after a rejected offer, triggering speculation of a bidding conflict with Coinbase.Posted byConstance MutharimiPublished on May 3, 2025 at 06:45 AM GSTUpdated on May 2, 2025 at 11:12 PM GSTNewsRipple is reportedly considering a $20 billion offer after its initial $5 billion bid to acquire Circle was rejected.XRP attorney John Deaton highlighted Coinbase’s stake in Circle, raising speculation about a possible bidding conflict.Ripple’s stablecoin launch and Circle’s interest reflect its plan to diversify beyond traditional cross-border payment solutions.Ripple’s failed $5 billion acquisition attempt of Circle has taken a sharp turn, as market chatter indicates the payments firm is preparing a renewed offer. Reports suggest Ripple is exploring a $20 billion proposal just days after the original deal collapsed.XRP lawyer John Deaton added new depth to the unfolding story by spotlighting Coinbase’s minority stake in Circle. This disclosure has led to speculation that a bidding conflict could arise if Ripple proceeds with a higher offer. Analysts are watching closely as Ripple’s ambitions may place it in direct competition with Coinbase.Strategic Intent Behind Ripple’s PushThe move comes shortly after Ripple launched its stablecoin RLUSD, which quickly crossed $300 million in circulation. The push into the stablecoin sector signals a broader strategy to expand beyond cross-border payments. Ripple’s increasing interest in acquiring Circle reinforces its commitment to this growing market.With Ripple allegedly preparing a significant $20 billion bid, the scenario could evolve into a high-stakes contest. Given Coinbase’s existing ties with Circle, the situation may escalate if both firms pursue influence over the stablecoin issuer. Market watchers believe such a scenario could reshape competitive dynamics in the crypto space.Deal’s Rejection Triggers Reassessment of ValueCircle previously turned down Ripple’s $5 billion bid, citing valuation issues. The increased offer reflects Ripple’s intent to secure a strong foothold in the stablecoin arena. While official statements remain limited, internal discussions at both firms appear to be gaining pace.Circle is best known for issuing USDC, one of the largest stablecoins by market cap. Control over such a key player would provide Ripple with significant leverage in the digital payments and crypto asset industry. The latest developments suggest Ripple sees long-term potential in stablecoin integration.Source link

-- Price

--

You may also like

What you bought on CEX is really not US stocks: Analyzing the 94% liquidation monopoly and the evaporation of equity under a five-layer pipeline

Peeling back its smooth trading interface to examine the underlying legal relationships and settlement processes, you will find that this is far from a simple "RWA asset revolution," but rather a complex game of interests involving spot pricing, rights ownership, and the monopoly of underlying custo...

In such a crowded cross-border payment arena, where is the next stop for the future?

Only by stepping into the mud can one have the chance to touch gold.

Why Is Bitcoin Down in 2026? What We Can Learn From 2022

Why is Bitcoin down in 2026? Bitcoin has just recorded its worst first half since 2022, with back-to-back quarterly losses, record ETF outflows, and extreme fear. Here's what history says, how 2026 differs from the last bear market, and the three signals traders should wat

The large models in the United States are moving towards closure in the name of security

The government successfully inserted itself as an approver between commercial AI models and their users for the first time.

From the white-haired stock god to the billionaire fund mogul, the smart people shorting Nvidia are all getting rich using the same framework

Give up on heavily investing in Nvidia's "nine major bottlenecks"! This article analyzes the underlying logic behind top AI investors making billions: physical infrastructure such as electricity, HBM, and optical interconnects are the true keys to wealth in AI hardware.

Morning Report | CoinEx becomes a key hub for Iran to evade sanctions, involving over $3.8 billion in funds; Kalshi seeks a new round of financing, with a valuation potentially rising to $40 billion

Overview of Important Market Events on June 25

Contents

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com