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