Circle Rejects Ripple

Ripple attempted to buy Circle, the company behind the USDC stablecoin, for $4 - $5 billion. Circle reportedly rejected the offer stating that it was too low.

Ripple Tried To Buy Circle For $4-5 Billion

According to sources interviewed by Bloomberg, Ripple attempted to buy Circle, the company behind the USDC stablecoin, for $4-$5 billion. Circle reportedly rejected the offer, stating that it was too low. With Circle still slated to go public in the coming months, all eyes will be on the valuation. The company once valued itself at $9 billion when it tried to go public through an SPAC in 2022.

2025 Crypto IPO Tracker

With regulation loosening and crypto prices rising, the window for crypto companies to go public is beginning to open. Our crypto IPO database will track the crypto-focused companies most likely to IPO in 2025.

Robinhood Q1 Earnings

Total net revenue jumped 50% from a year earlier to $927 million, while net income more than doubled to $336 million. The company now has nine different business lines generating $100M+ in ARR. While Robinhood’s crypto revenue did double to $252 million, growth slowed from each of the four previous quarters.

Visa and Bridge Partner On Stablecoin-backed cards

Visa and Bridge, the startup recently acquired by Stripe, are partnering on a new card-issuing product that will allow developers using Bridge to offer stablecoin-backed Visa cards. The card to start will only be available in Argentina, Colombia, Ecuador, Mexico, Peru, and Chile. 2025 has been a huge year for stablecoins, which doesn’t look to be slowing down any time soon.

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