<ul><li>Ripple's $5 billion bid to acquire stablecoin issuer Circle Internet Group Inc. was rejected due to Circle deeming the offer inadequate.</li><li>Circle focused on its IPO registration and rejected Ripple's proposal, uncertain about any future deal between the two companies.</li><li>Ripple continues to explore acquisition options despite the rejection, while Circle remains committed to its independent strategic direction and IPO launch.</li><li>Ripple and Circle, though failing in acquisition attempts, continue to dominate the stablecoin market, with Ripple launching RLUSD stablecoin and Circle moving towards IPO launch amidst SEC quiet period.</li></ul>

Circle Rejects Ripple $5 Billion Offer Amid SEC Quiet Period

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