Ripple Reportedly Nears $20B Deal to Acquire USDC Issuer Circle
Ripple nears $20B deal to acquire Circle, aiming to reshape the stablecoin and crypto payment landscape.
Ripple Could Soon Own Circle: A $20 Billion Crypto Power Move
According to recent insider reports, Ripple has increased its acquisition offer for Circle, the issuer of the world’s second-largest stablecoin, USDC, from an initial $4-5 billion to a staggering $20 billion. The deal is reportedly nearing completion, signaling a major consolidation in the crypto financial infrastructure space.
Circle is a central player in the stablecoin market, with USDC widely used across DeFi, trading, and institutional settlements. Ripple, on the other hand, is best known for its XRP token and enterprise-focused blockchain solutions for cross-border payments.
Why does this matter?
If completed, this acquisition could:
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Create a stablecoin and remittance giant, capable of challenging even Tether and PayPal.
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Strengthen Ripple’s position in regulated markets and financial services.
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Enhance global adoption of USDC through Ripple’s payment network.
This move also reflects a broader trend in crypto: major players are merging and scaling to prepare for the next wave of institutional demand.
For investors and users, the merger may increase USDC’s reach and liquidity, possibly giving it an edge over competitors like USDT. It could also boost XRP's utility as part of an integrated financial network.
