Something significant may have just happened in crypto. A rumor is circulating that Ripple has acquired Circle, the company behind USDC, the $61 billion stablecoin.
An official announcement is supposedly expected later today. Crypto commentator John Squire (@TheCryptoSquire) shared the news, capturing the community’s attention. If confirmed, this ranks among the most consequential deals in the history of digital assets.
https://twitter.com/TheCryptoSquire/status/2059005295154581951?ref_src=twsrc%5Etfw” rel=”nofollow noopener” target=”_blank
This move did not come out of nowhere. Ripple made its first move on Circle back in 2025. Bloomberg reported that Ripple offered between $4 billion and $5 billion to acquire Circle. Circle rejected the bid as too low.
At the time, Circle had its sights set elsewhere. The company had just filed for an IPO with the SEC, targeting a Class A listing on the NYSE. Ripple stayed interested. Reports indicated the company had not ruled out a second offer. Subsequent reporting suggested figures as high as $20 billion entered the conversation. The pursuit was serious, sustained, and strategic.
XRP holders have reason to pay attention. According to Squire, “XRP is entering a whole different league.” Ripple built XRP as a tool for cross-border payments. It positions the token to move value across borders faster than legacy systems like SWIFT. That use case depends on adoption at scale.
Acquiring Circle changes the scale entirely. USDC is used by major financial institutions, payment platforms, and DeFi protocols globally. Ripple would gain direct access to that infrastructure. XRP’s role within Ripple’s ecosystem could expand significantly as a result.
https://twitter.com/kryptonewscom/status/1934162718258499855?ref_src=twsrc%5Etfw” rel=”nofollow noopener” target=”_blank
Ripple launched its own stablecoin, RLUSD, in late 2024. At the time of the original acquisition reports, RLUSD carried a market cap just above $300 million. USDC sat at over $60B. While RLUSD has grown significantly since then, it is a new product competing in a market dominated by other stablecoins. An acquisition closes that gap instantly.
Ripple would control both tokens, giving it leverage across the stablecoin market that no single crypto company currently holds. Whether Ripple continues running both tokens, consolidates, or repositions RLUSD remains to be seen.
No official confirmation has arrived yet. The deal remains a developing story. What is clear is that Ripple pursued this aggressively. The original rejected bid, the sustained interest, and the escalating offer figures. This is a company that decided USDC was worth owning. Today, that pursuit may have reached its conclusion.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent BitcoinLinux’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. BitcoinLinux is not responsible for any financial losses.
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The post Rumor Alert Within XRP Army: Ripple Acquires Circle for 61 Billion USDC appeared first on BitcoinLinux.
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Author: NixCoin
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