<ul><li>Ripple CEO Brad Garlinghouse clarified that Ripple never pursued the acquisition of stablecoin issuer Circle, despite reports claiming otherwise.</li><li>Garlinghouse made this statement during a Las Vegas event, squashing rumors that Ripple offered between $4 billion and $5 billion to acquire Circle.</li><li>Circle, known for USDC, the second-largest stablecoin after USDT, reportedly rejected Ripple's bid as too low, with Coinbase said to have made a counteroffer.</li><li>In its upcoming IPO, Circle is seeking a fully diluted valuation of up to $7.2 billion, with significant interest from investors like BlackRock looking to purchase around 10% of the offering.</li></ul>

Ripple Boss Brad Garlinghouse Denies Pursuing Deal To Acquire Stablecoin Giant Circle

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