Ripple, a prominent crypto payments firm, recently made a multi-billion-dollar offer to acquire Circle, the issuer of USDC stablecoin, according to a report by Bloomberg. The proposed acquisition was valued between $4 billion and $5 billion but was reportedly rejected by Circle as being too low. This move comes after Circle made plans to go public, indicating the company's strategic direction amidst the evolving landscape of digital currencies. The situation reflects the ongoing interest in stablecoins and their potential value in the cryptocurrency ecosystem. As Ripple continues to expand its influence in digital finance, this acquisition attempt highlights the competitive nature of the market.

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