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Ripple Eyes Stablecoin Dominance with $4B-$5B Bid for Circle—Because What’s Crypto Without a Little Corporate Consolidation?

Ripple Eyes Stablecoin Dominance with $4B-$5B Bid for Circle—Because What’s Crypto Without a Little Corporate Consolidation?

CoindeskEN
Author:
CoindeskEN
Release Time:
2025-04-30 18:38:09
0

Ripple Offered $4B-$5B for Stablecoin Issuer Circle: Bloomberg

Ripple just threw down a $4 billion gauntlet—sources say the payments giant is circling Circle (pun intended) in what could be the biggest stablecoin power play since Tether printed its first ’backed by vibes’ dollar.

Why it matters: Control USDC, control the rails. With Circle’s stablecoin now processing more volume than some national payment systems, Ripple’s move screams ’if you can’t beat ’em, buy ’em.’

The kicker? This comes just as regulators start asking pesky questions about what actually backs these digital dollars. Nothing like a nine-figure deal to distract from the looming audit.

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