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Did Ripple Really Dangle a $20 Billion Carrot in Front of Circle? Wait Til You Hear This

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It is a curious feature of our modern age that news travels with the swiftness of an unruly wind, and with much the same fidelity. Once more, word has galloped through drawing rooms and smoky taverns alike: Ripple, so it is reluctantly whispered, laid a $20 billion offer at Circle’s threshold, as if tossing a gilded hat across a foggy field. Verily, no scrap of evidence has been unearthed, unless one counts the breathless gasps of anonymous informants as proof. 🕵️‍♂️

Esteemed commentators, elbow-deep in their ledgers, observed with raised brows that the last time Circle placed its value in the public square, it set the number at approximately $5 billion—a figure that makes a $20 billion offer seem not merely unlikely, but the stuff of idle musings one dreams after an overly generous supper. Was this the rumor to sway the mighty market? As it happens, it caused less agitation than a waiter announcing an empty wine cellar. 🍷

Did Ripple Offer Circle $20 Billion?

Circle, known for birthing the world’s second-largest stablecoin (and an admirable talent for refusing polite overtures), recently rebuffed Ripple’s latest gesture—a $5 billion dalliance. Circle’s much-anticipated IPO stumbled over new tariffs, and as for analysts, they muttered their misgivings like priests at Vespers. In refusing the offer, Circle prompted the community to take up its favorite pastime: speculation fit to rattle chandeliers.

Late into the evening (when most prudent folk are abed, and rumors grow strongest), whispers surfaced: Brad Garlinghouse, Ripple’s intrepid chief, had re-emerged, his wallet astonishingly swollen to $20 billion. Several well-placed social media crows decided this was fact enough to crow about, and soon the crypto press donned its clickiest boots to join the parade. Mr. Garlinghouse, for his part, has offered the world the marvelous silence of a man enjoying his breakfast. 🥞

The prudent, God bless them, urged restraint—insisting on evidence before celebration, which is almost never fashionable. Meanwhile, the diligent unearthed plentiful reasons to scoff at such largesse. For example, despite Circle’s IPO loitering somewhere in the wings, the stage itself reveals much:

“Just to point out what’s being overlooked,” offered Dom Kwok, EasyA co-founder and resident voice of reason, “Circle’s IPO hovered about $5 billion—precisely what Ripple measured when rapping at their door. $20 billion? Nonsense. And despite what some say, Circle’s $60 billion in collateral is precisely that: held, not owned. Let’s not mistake the waiter for the restaurant, eh?”

So, the market yawned and rolled over. In these wild crypto meadows, falsehood flowers quickly; after all, not long ago, the mere rumor of Trump pausing tariffs sent investors running like geese after a thunderclap. 🌩️

In similar style, breathless proclamations about XRP ETFs and OpenAI’s supposed Worldcoin love affair proved romanticized fictions, though influential enough to disrupt tea time.

You may well ask: did hoards of traders truly believe Ripple had scrawled $20 billion on a calling card? Or did they, like a seasoned aunt at a bad wedding, quietly suspect it all along? The answer, as ever, remains in the shadows.

Should wiser heads prevail, perhaps the community will soon discard gullibility in favor of sober judgment. Until then, we wait, amuse ourselves with rumors, and hold on to our hats. 👒

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2025-05-02 20:46

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