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Ripple made an up to $ 5 billion to gain the USDC source, but the offer was rejected as very low, Bloomberg said.
sources Tell the news the wires The proposed deal is estimated at $ 4 billion and $ 5 billion. He said that Ripple had not made a follow -up.
Ripple tries to storm the Stablecoin market for $ 239 billion and launched RLUSD Stablecoin in December. But he is still a small player, as the market in RLUSD is only $ 317 million, compared to $ 61.5 billion from Usdc, according to Coinmarketca.
Ripple BID comes just 30 days after the department to get the public subscription
The show came only one month after Circle, the second largest stablecoin source by Cap Cap, which was presented for a preliminary general offer (IPO).
It reflects the aggressive expansion strategy for Ripple as it exceeds its legal battle with the American Securities and Stock Exchange Committee (SEC). The company recently acquired the Brime Broker Hidden Road for $ 1.25 billion to enhance the adoption of XRP and the use of LEDGER XRP.
today, @ripple She announced the acquisition of Hidden Road for $ 1.25 billion, one of the largest deals ever in the encryption space. But the price is not the most important-it represents this deal for one time a lifetime for encryption to reach the biggest and more confident …
Brandinghouse April 8, 2025
Analysts see 85 % of XRP ETF coincidence that will be approved in 2025
The XRP code of Ripple has benefited from the recent developments in the SEC case. Bloomberg Erik Palunas analyst has set the chances that Spot XRP ETF (trading product for exchange) will receive SEC approval in 2025 by 85 %.
I would like to hear directly from Atkins, but every good opportunity to happen. Here are our latest approval to all investment funds in DIF via jseyff https://t.co/nlhyjmo9u pic.twitter.com/4acjvwhics
Eric Balunas (EricBalchunas) April 30, 2025
This comes after XRP investment funds consent By the agency in recent weeks.
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