🗓️ Here’s your #XRP Report for the week: 💼 #Ripple’s Bid to Acquire Circle Rejected 🔹 Ripple reportedly offered $4–$5B to acquire Circle, issuer of $USDC, as part of a strategic move to strengthen its position in the institutional stablecoin space. 🔹 The bid was rejected by Circle’s board, who deemed the offer undervalued — especially as Circle eyes an IPO with strong backing from BlackRock and BNY Mellon. 🔎 Why it matters 🔹 Ripple launched its $RLUSD stablecoin late last year, now with a $300M+ market cap. A Circle acquisition would’ve fast-tracked Ripple into the heart of institutional stablecoin infrastructure. 🔹A Circle acquisition would’ve fast-tracked Ripple into the heart of institutional stablecoin infrastructure. ⚖️ Ripple-SEC Lawsuit Officially Winding Down 🔹 This week, the SEC filed a settlement agreement to formally close its civil enforcement action against Ripple, CEO Brad Garlinghouse, and Executive Chairman Chris Larsen. 📝 Key terms 🔹 Ripple will pay $50M of the original $125M penalty. 🔹 The remaining funds will be returned to Ripple. 🔹The court will be asked to dissolve the injunction and dismiss all pending appeals. 🔎 Why it matters 🔹 This marks the official end of a four-year legal battle, one that defined crypto’s regulatory fight in the U.S. One the SEC explicitly framed as part of its broader effort to “reform and renew” its approach to crypto. 💬 What’s your take on Ripple’s attempted Circle acquisition? Smart move, or smarter to walk away? Plus, now the SEC battle is behind them, what comes next for Ripple? 👇 Drop your take below! $XRP #XRPArmy #XRPCommunity #XRPHolders #XRPLedger #Altcoins #DeFi #Blockchain