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flag Ripple offered $5 billion to buy Circle, which owns USDC, but Circle declined, preferring an IPO.

flag Ripple offered to buy Circle, the company behind the popular USDC stablecoin, for up to $5 billion. flag Circle rejected the offer, citing plans to go public through an IPO. flag Ripple, which recently launched its own stablecoin RLUSD, aims to expand its presence in the stablecoin market. flag The rejection highlights Circle's confidence in its standalone strategy and Ripple's continued focus on growing its financial infrastructure through acquisitions and investments.

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