<ul><li>Ripple's $5 billion takeover offer to acquire Circle, the second-largest stablecoin issuer, was reportedly rejected as Circle deemed the offer too low.</li><li>Circle refused the acquisition attempt, valued between $4 billion and $5 billion, while Ripple's stablecoin, RLUSD, has faced challenges with its market cap remaining below $320 million.</li><li>Ripple's acquisition bid rejection comes amidst its legal battles with the SEC coming to an end, allowing the company to explore other strategic opportunities in the industry.</li><li>Despite struggles with RLUSD, Ripple has attempted to make a mark in the stablecoin industry after launching its own product late last year, facing initial success but subsequent market cap stagnation.</li></ul>

Why Was Ripple’s $5 Billion Takeover Offer Rejected by Circle? (Report)

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