Breaking: Circle Rejected Ripple Takeover Bid of $4-5B

The post Breaking: Circle Rejected Ripple Takeover Bid of $4-5B appeared first on Coinpedia Fintech News

Circle ostensibly turned down the offer since it was too low based on its market value and prospects. Ripple is keen to expand its recently launched RLUSD to compete with Tether USDT among others. Ripple Labs proposed to takeover Circle Internet Group Inc. for $4 billion to $5 billion. According to people familiar with the …