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Ripple's Bid for Circle Rejected: Offer Too Low

Ripple’s Bid for Circle Rejected: Offer Too Low

Ripple’s offer to acquire Circle, the stablecoin issuer, for between $4 billion and $5 billion was reportedly rejected. According to sources, Circle deemed the bid insufficient. The report, published by Bloomberg News, indicates that no final decision has been made regarding a potential revised offer from Ripple.