Ripple $4B-$5B bid to purchase Circle rejected — Report
Summary
Ripple reportedly made a bid between $4 billion and $5 billion to acquire stablecoin issuer Circle, but the offer was rejected for being too low. The bid followed Circle's application for an initial public offering (IPO) in the US. Ripple has not decided whether to make another bid. Further developments are awaited as the story progresses.