Ripple’s CEO, Brad Garlinghouse, has firmly denied rumors suggesting that the company made a staggering $5 billion offer to purchase Circle, the issuer of USDC. This assertion comes in response to growing speculation surrounding Ripple’s strategic moves in the crypto market. As the company continues to evolve amidst a complex regulatory environment, Garlinghouse’s statement aims to clarify Ripple’s intentions and reassure stakeholders amidst the turbulent landscape of cryptocurrency acquisitions. The denial highlights Ripple’s focus on organic growth and strategic partnerships rather than costly acquisitions.