You Won’t Believe How Ripple Got Ghosted by Circle in a $5 Billion Plot Twist

So, guess what? Ripple waltzes in, tries to buy Circle—yeah, that Circle—for somewhere between $4 and $5 billion. Sources say they thought, “Hey, we’ll just write a big check, bada bing, bada boom, we own Circle.”

And you know what Circle said? “Eh… no, thanks. Appreciate it, but you’re lowballing us.” Undervaluing! Like someone handing you a coupon for dinner and saying, “Don’t be greedy, it’s fine cuisine!” Unbelievable. 🙄

Anyway, Ripple’s apparently still sitting by the phone, all optimistic, but—surprise!—no one knows if they’ll double down with another offer. Maybe they will, maybe they’ll just go sulk by the vending machine. Meanwhile, Circle’s busy prepping for an IPO. They announced it earlier this month, like, “Look at us! We’re going public, folks!”

Oh, but wait, Ripple did launch their own stablecoin, RLUSD, back in December. It’s worth about $316.9 million, which, you know, is decent…except Circle’s USDC is worth over $61 billion. That’s not a competition—that’s, like, pitting a lemonade stand against Amazon. 🍋📉

Reporters poked Circle for details, but they pulled the old “Sorry, can’t talk—SEC’s watching,” routine. You know, regulatory stuff, whispers, jazz hands. Ripple? Nada. Total silence. If a company rejects you in the forest and no one comments, did it really happen? 🤷‍♂️

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2025-05-01 08:59