Ripple's $5 Billion Circle Bid Rejected, Shifts Focus to XRP and New Stablecoin RLUSD
Ripple Labs has made a $5 billion all-stock bid to acquire Circle. Circle is the same company that issued USDC, one of the top three largest stablecoins on the cryptocurrency market. The bid was ultimately rejected. Despite the failed acquisition, Ripple didn’t abandon their mission. Today, the company is singularly...