Ripple Wants (Must) Acquire USDC Issuer Circle Before It’s Too Late. An Initial Offer of $5B Was Turned Down …

... But this is probably just the beginning. And here's why.

Ripple, whose colossal lobbying efforts to try and convince the Trump administration to include XRP in America's strategic digital asset reserve have not borne fruit, has offered to acquire Circle, the issuer of stablecoin USDC, for $5 billion.

Although this figure corresponds to Circle's estimated valuation, the offer was rejected. However, it's quite possible that Ripple will try its luck again, and I'm going to explain why Ripple has every reason to do so before it's too late.