Popular crypto figure Amelie (@_Crypto_Barbie) has shared an exciting report concerning Ripple’s foray into the stablecoin market and attempts to grow its business. While unconfirmed, her report suggests that Ripple CEO Brad Garlinghouse has intensified his attempts to purchase Circle, the issuer of USDC, raising his offer from $5 billion to $20 billion. WOW! IS THIS TRUE? „RIPPLE HAS NOT BACKED AWAY FROM ITS INTEREST IN CIRCLE: REPORTS SUGGEST RIPPLE‘S CEO, BRAD GARLINGHOUSE, HAS RAISED THE OFFER TO $20 BILLION AND THE DEAL IS LIKELY MOVING TOWARD COMPLETION!“ #XRP https://t.co/BuO8DAa5Ml pic.twitter.com/h2uCeN2ZmV — 𝓐𝓶𝓮𝓵𝓲𝓮 (@_Crypto_Barbie) May 1, 2025 Circle initially rejected Ripple’s $5 billion offer , reportedly because the valuation didn’t reflect its market strength. At the time, Circle had already filed for a public offering and had previously been valued at $9 billion. Ripple did not retreat after the initial rejection. Instead, it returned with a revised offer that surprised even close watchers of the crypto space. The new $20 billion valuation, four times higher than its initial offer, pushed the story back into the spotlight. Why Ripple Is Targeting Circle Ripple has been steadily expanding beyond its original role in facilitating cross-border transactions. The launch of RLUSD , its stablecoin, reflects that evolution. However, acquiring Circle, the firm behind the second-largest stablecoin in the world, would instantly place Ripple at the center of the stablecoin economy. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 The deal would bring USDC into Ripple’s portfolio and give the company direct access to a massive, already-established user base across decentralized applications and other areas of finance that rely on the stablecoin. Garlinghouse has shared his desire to make RLUSD a top-five stablecoin by the end of 2025. Putting the asset into this market would help it reach that goal, and it could also increase the adoption of XRP and Ripple’s payment technology. XRP’s Reaction to the News News of the revived acquisition talks caused XRP’s market capitalization to dip below $130 billion on May 1, 2025. While prices of other major cryptocurrencies remained relatively steady, the drop in XRP valuation reflected investor uncertainty about the scale and risk of the proposed transaction. Despite this short-term volatility, the size of the offer underscores Ripple’s long-term commitment to expanding its influence beyond remittances and payment rails. XRP has also stabilized, trading at $2.21, down 0.12% from yesterday, with a market cap of $129.34 billion. What’s Next for RLUSD? A deal of this magnitude will not avoid regulatory attention. Ripple and Circle are already under scrutiny in various jurisdictions, and a merger between the two such central players in the crypto space could draw enhanced oversight. However, Ripple is pushing forward. Although neither company has made public statements confirming the status of the deal, sources suggest that negotiations are in advanced stages, and this acquisition could change the crypto landscape forever. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Report: Ripple CEO Raises Circle Acquisition Offer to $20 Billion, Deal Progresses appeared first on Times Tabloid .
