Ripple CEO Denies Reports of $5B Circle Acquisition Attempt

Speaking onstage at the Ripple Las Vegas conference, Garlinghouse addressed the rumors directly in a conversation with Georgetown Law professor Chris Brummer.

“Brad was unequivocal—Ripple never pursued an acquisition of Circle. And while he wished the company well, it wasn’t something he was considering,” Brummer posted on X Tuesday.
Rumors Refuted Amid Ongoing Industry Consolidation

The denial follows media speculation that Ripple, flush with cash from its XRP holdings and international expansion, was eyeing Circle as a strategic acquisition target. Such a deal would have represented one of the largest in crypto history.

READ MORE:

Bitcoin Targeting $120,000 While Altcoins Signal Historic Breakout Potential

Garlinghouse’s comments clarify Ripple’s stance amid broader market consolidation, where firms are increasingly exploring mergers to scale operations and diversify services.

Ripple Stays Focused on Payments and Global Expansion

Ripple has instead remained focused on its core blockchain-based payments business and global infrastructure. While Circle has gained traction in the stablecoin sector, especially with the rise of USDC, Ripple has shown no public signs of pivoting toward acquiring major stablecoin issuers.

With Garlinghouse putting speculation to rest, Ripple appears committed to building its ecosystem independently—without headline-grabbing acquisitions.

The post Ripple CEO Denies Reports of $5B Circle Acquisition Attempt appeared first on Coindoo.