CoinCentral
TLDR Ripple’s $5B offer to buy Circle was rejected. Circle is focused on its upcoming IPO. Ripple wants a bigger role in stablecoins. Ripple acquired Hidden Road for $1.25B. More crypto firms are planning IPOs. Blockchain payments firm Ripple reportedly made a multibillion-dollar offer to acquire stablecoin issuer Circle Internet Financial Ltd…
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Circle Rejects Ripple’s $5B Offer, Focuses on IPO Plans
TLDR Ripple’s $5B offer to buy Circle was rejected. Circle is focused on its upcoming IPO. Ripple wants a bigger role in stablecoins. Ripple acquired Hidden Road for $1.25B. More crypto firms are planning IPOs. Blockchain payments firm Ripple reportedly made a multibillion-dollar offer to acquire stablecoin issuer Circle Internet Financial Ltd…