Altcoins News

Story: Ripple CEO Denies $10B+ Circle Offer

By Sakamoto Nashi

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Ripple CEO Brad Garlinghouse has put to rest recent rumors about the company’s supposed multi-billion dollar bid to acquire Circle, the issuer of the USDC stablecoin.

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The speculation around Ripple’s interest in Circle has been circulating since April, with initial reports suggesting Circle had rejected an offer from Ripple between $4 billion…

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Circle itself has firmly dismissed the acquisition chatter, focusing instead on its long-term goals.

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Beyond addressing acquisition rumors, Garlinghouse shared other significant updates during his conversation at the conference.

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Another highlight was the statement that the XRP Ledger (XRPL) was selected for Dubai’s innovative real estate tokenization project.

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Lastly, Garlinghouse touched on the importance of unity within the broader crypto community.

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In summary, Ripple’s CEO used the platform at the XRP Las Vegas conference to clarify Ripple’s stance on the Circle acquisition rumors, reaffirm the company’s strategic moves…

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