{"id":52932,"date":"2025-05-22T19:28:51","date_gmt":"2025-05-22T19:28:51","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/ripple-raises-offer-for-circle-as-stablecoin-race-intensifies\/"},"modified":"2025-05-22T19:28:51","modified_gmt":"2025-05-22T19:28:51","slug":"ripple-raises-offer-for-circle-as-stablecoin-race-intensifies","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/ripple-raises-offer-for-circle-as-stablecoin-race-intensifies\/","title":{"rendered":"Ripple raises offer for Circle as stablecoin race intensifies"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/image-61-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/image-61-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/image-61-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/image-61-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>The deal would give Ripple control over USDC\u2019s $61 billion market cap.<\/li>\n<li>The proposed $11 billion valuation would make it one of the largest transactions in crypto history.<\/li>\n<li>Coinbase may also enter the race with $8 billion in cash reserves.<\/li>\n<\/ul>\n<p data-start=\"152\" data-end=\"788\">Ripple is believed to have increased its offer to acquire Circle, the company behind the $61 billion USDC stablecoin, to $11 billion.<\/p>\n<p data-start=\"152\" data-end=\"788\"><a href=\"https:\/\/x.com\/XRP_investing\/status\/1925413823659614436\">The development<\/a> marks a dramatic escalation from its previously reported $5 billion bid, and comes amid growing speculation that Coinbase may also be eyeing the acquisition.<\/p>\n<p data-start=\"152\" data-end=\"788\">While neither Ripple nor Circle has officially confirmed the offer, the rising figure underscores how strategic stablecoins have become in the post-FTX crypto economy.<\/p>\n<p data-start=\"152\" data-end=\"788\">With a deep XRP reserve and a favourable US regulatory environment under President Trump, Ripple is seen as a serious contender in this high-stakes competition.<\/p>\n<h2 data-start=\"790\" data-end=\"844\">XRP reserves support Ripple\u2019s acquisition firepower<\/h2>\n<p data-start=\"846\" data-end=\"1445\">Ripple\u2019s Q1 2025 Markets Report reveals the company holds approximately 4.56 billion XRP, valued at $10.72 billion, alongside 37.13 billion XRP in escrow, worth $87.25 billion.<\/p>\n<p data-start=\"846\" data-end=\"1445\">These reserves give Ripple considerable financial leverage to pursue transformative deals like the Circle acquisition.<\/p>\n<p data-start=\"846\" data-end=\"1445\">The proposed $11 billion valuation would make it one of the largest transactions in crypto history.<\/p>\n<p data-start=\"846\" data-end=\"1445\">As stablecoins gain traction among institutional investors, Ripple\u2019s interest in USDC reflects a push to strengthen its position beyond cross-border payments and into mainstream financial infrastructure.<\/p>\n<p data-start=\"1447\" data-end=\"1838\">Industry analyst <a href=\"https:\/\/x.com\/paulbarron\/status\/1924537163061887483?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1924537163061887483%7Ctwgr%5Eb82c86d9447dc96f1c560f819d5d6046000cda91%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fcoinpedia.org%2Fnews%2Fripple-doubles-its-bid-to-11b-to-acquire-circle-but-coinbase-wants-in-too%2F\">Paul Barron noted<\/a> that Ripple\u2019s revised offer could fall anywhere between $9 billion and $11 billion.<\/p>\n<p data-start=\"1447\" data-end=\"1838\">This speculation intensified after reports surfaced in April 2025 that Circle had rejected Ripple\u2019s earlier offer, suggesting the two firms remain in negotiations.<\/p>\n<p data-start=\"1447\" data-end=\"1838\">The potential deal is also being viewed as a counter to Coinbase, which is reportedly preparing its bid.<\/p>\n<h2 data-start=\"1840\" data-end=\"1896\">Coinbase\u2019s financial strength could raise competition<\/h2>\n<p data-start=\"1898\" data-end=\"2223\">Coinbase remains a formidable rival in the Circle race. According to its Q1 2025 earnings report, the publicly listed exchange holds $8 billion in cash and equivalents.<\/p>\n<p data-start=\"1898\" data-end=\"2223\">As a public company, Coinbase can also tap equity markets for additional capital, allowing it to offer a mix of cash and stock in any potential transaction.<\/p>\n<p data-start=\"2225\" data-end=\"2603\">The competition comes at a time when Coinbase\u2019s own stablecoin strategy is in flux.<\/p>\n<p data-start=\"2225\" data-end=\"2603\">Its partial involvement in USDC through the Centre Consortium was phased out in 2023, but the exchange remains a key distribution partner.<\/p>\n<p data-start=\"2225\" data-end=\"2603\">Acquiring Circle would bring USDC fully under its control, offering a strategic response to PayPal\u2019s PYUSD and Tether\u2019s continuing dominance in global markets.<\/p>\n<h2 data-start=\"3520\" data-end=\"3576\">Circle\u2019s next move could reshape the stablecoin landscape<\/h2>\n<p data-start=\"3578\" data-end=\"4150\">At the heart of this unfolding story is Circle itself, which has yet to publicly respond to acquisition rumours.<\/p>\n<p data-start=\"3578\" data-end=\"4150\">The company has been preparing for a public listing since its earlier SPAC deal collapsed in 2022.<\/p>\n<p data-start=\"3578\" data-end=\"4150\">With USDC gaining global traction and boasting significant adoption across DeFi and fintech ecosystems, Circle may not be under pressure to sell.<\/p>\n<p data-start=\"3578\" data-end=\"4150\">However, if it does entertain Ripple\u2019s or Coinbase\u2019s offers, the resulting deal could shift the balance of power in the stablecoin market, with implications for payments, tokenisation, and digital dollar dominance.<\/p>\n<h3 data-start=\"4152\" data-end=\"4187\"\/>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/ripple-raises-offer-for-circle-as-stablecoin-race-intensifies\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) The deal would give Ripple control over USDC\u2019s $61 billion market cap. The proposed $11 billion valuation would make it one of the largest transactions in crypto history. Coinbase may also enter the race with $8 billion in cash reserves. Ripple [&hellip;]<\/p>\n","protected":false},"author":3947362361,"featured_media":52933,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/52932"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362361"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=52932"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/52932\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/52933"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=52932"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=52932"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=52932"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}