NEW YORK] Ripple has proposed a takeover of rival stablecoin provider Circle Internet Group for US$4 billion to US$5 billion, a bid that was rejected as too low, according to sources familiar with the ...

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Ripple reportedly offered $4-$5 billion to buy Circle but the the stablecoin issuer rejected the offer as too low.

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Stablecoin provider Circle rejected a takeover offer from crypto company Ripple valued at $4 billion to $5 billion, Bloomberg reported. Ripple is still interested in Circle but hasn’t decided whether ...