USDC creator Circle might be soon up for a raised offer from Ripple. Circle has already received an acquisition offer from Ripple worth between $4 billion and $5 billion.
A Bloomberg story that cited unnamed sources claimed that Circle turned down the deal because it thought the suggested valuation was too low.
Even if the first bid was turned down, there are rumors that Ripple is not abandoning the company. According to market reports, Brad Garlinghouse, the CEO of Ripple, may have raised the takeover offer to an astounding $20 billion.
Neither Circle nor Ripple have, however, formally acknowledged the updated offer or whether a deal is nearing completion.
Circle’s Raised Offer Still a Rumor
It is crucial to remember that this development is still theoretical and unsubstantiated. Since the first reports came, neither party has publicly commented on the purported $20 billion bid, nor has it been acknowledged through official channels.
If confirmed, the purchase would be among the biggest in cryptocurrency history and would indicate Ripple’s plans to increase its market share in the stablecoin space.
The specifics of the agreement and its future are still unknown until official confirmation is obtained.
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Ripple’s Offer For Circle Shows Desire of Expansion
The Bloomberg report, which cited unnamed individuals, claims that Ripple first put out a $4–5 billion offer. The offer was reportedly turned down by Circle, who felt the price was too low.
As market and regulatory conditions continue to change, the attempted acquisition demonstrates Ripple’s desire to increase its presence in the stablecoin space.
If such a deal were to materialize, it would mark one of the largest acquisitions in the crypto industry and could significantly alter the landscape of stablecoin competition.
For now, the situation remains fluid, with no confirmed updates from Ripple or Circle on the matter.
Ripple’s Acquisition of Circle: How Will It Change the Market?
In 2025, the stablecoin market has grown more competitive as key competitors have increased the range of products they offer.
In an attempt to expand its reach beyond cross-border payments into other facets of digital finance, Ripple recently introduced its own stablecoin, RLUSD, which is tethered to the US dollar.
By gaining access to a more established product and user base, a potential acquisition of Circle, the issuer of USDC, would greatly strengthen Ripple’s position in the stablecoin market.
Additionally, it would strengthen Ripple’s position in blockchain-based payment systems and decentralized finance (DeFi). Ripple’s interest in Circle underscores the company’s growing significance in the cryptocurrency market and the worth of USDC as a leading dollar-backed stablecoin.
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