Ripple reportedly made a $4 to $5 billion acquisition offer to Circle, which was rejected due to the low bid.

BlockBeats News, May 1st, According to Bloomberg, sources revealed that Ripple had proposed to acquire its competitor and stablecoin provider Circle for $4 billion to $5 billion. However, this offer was considered too low and was rejected. While Ripple remains interested in Circle, it has not yet decided whether to make another offer. Circle sources stated that the company is currently focused on advancing its upcoming IPO.