For the past few months, there have been reports of Circle, the issuer of the largest stablecoin USDC after Tether (USDT), being acquired. At this point, in April, there were reports that Ripple and Coinbase could acquire it. Accordingly, it was claimed that Ripple made an offer of $4 billion to $5 billion for Circle in April in 2025, but Circle rejected the offer because it found it too low. Discussions about acquiring Circle have continued since then, with Circle allegedly still in informal talks with both Ripple and Coinbase, with new bids reportedly ranging from $6 billion to $11 billion. The first to hear about the Circle, Coinbase and Ripple triangle news was from Ripple (XRP) CEO Brad Garlinghouse, who denied reports that the company would be sold. Accordingly, Ripple CEO denied the news regarding the Circle acquisition. Related News: Ripple (XRP) Makes the Big Announcement: The Long-Awaited Approval from Dubai Has Arrived! Speaking at a recent event, Ripple CEO denied rumors that he was trying to acquire USDC issuer Circle, and clarified that Ripple has no such plans. This statement comes after weeks of speculation that Ripple made a $5 billion offer that Circle rejected. Garlinghouse spoke about the Circle allegations in an interview with Georgetown Law Professor Chris Brummer. “Brad was clear that Ripple was not looking to acquire Circle. While he wished Circle well, he was not considering any acquisition,” Brummer said. 48 hours ago I joined @bgarlinghouse on stage in Las Vegas to get his thoughts on the future of @Ripple . While the session wasn’t broadcast live, I found his remarks quite interesting, and worth a tweet. Quick overview/takeaways: · Brad was unequivocal that Ripple didn't pursue… pic.twitter.com/6a3lI8DZZj — Chris Brummer (@ChrisBrummerDr) June 3, 2025 *This is not investment advice. Continue Reading: Ripple (XRP) CEO Brad Garlinghouse Speaks Out on Circle Acquisition Rumors: "He's Put the Final Point!"
