Ripple Offered to Buy Stablecoin Rival Circle or Up to $5 Billion

Ripple Offered to Buy Stablecoin Rival Circle or Up to $5 Billion

Ripple has proposed a takeover of rival stablecoin provider Circle Internet Group Inc. for $4 billion (roughly Rs. 33,843 crore) to $5 billion (roughly Rs. 42,300 crore), a bid that was rejected as too low, according to people familiar with the matter. While Ripple remains interested in Circle, it hasn’t decided whether to make another offer, … Read more

Sony Online Store Begins Accepting USDC via Crypto.com Pay in Singapore

Sony Online Store Begins Accepting USDC via Crypto.com Pay in Singapore

Sony Electronics recently announced that it has begun accepting the USDC stablecoin for payments in Singapore. The electronics giant has teamed up with Crypto.com to facilitate USDC transactions on its online store, it said in an announcement on Wednesday. Crypto.com is an exchange for virtual digital assets (VDAs), headquartered in Singapore. Sony is continuing its … Read more