Posted by Alumni from Substack
May 9, 2025
Good morning & happy Thursday! Today, we're looking into Ripple that could acquire stablecoin giant Circle for as much as $20 billion (what it's all about, why would it make sense, & what this M&A would mean for the industry + bonus deep dive into Circle's IPO, the ultimate list of stablecoin use cases & more resources inside), Revolut, which is now embracing Bitcoin's Lightning Network (what's the USP here & why it matters + bonus deep dive into Revolut's 2024 financials & more), and AvidXchange that is going private in $2.2 billion deal (what does it tell us & what should we expect next). Let's just jump straight into the intriguing stuff '' According to reports from multiple sources, Ripple initially offered between $4-5 billion, which Circle rejected as insufficient. More recent reports suggest Ripple may have increased its offer to as much as $10 billion, though neither company has officially confirmed these figures ' learn more