);)
Fortune reported on the 19th, citing sources, that Ripple and Coinbase are pursuing the acquisition of Circle, the issuer of USDC. Fortune explained that Ripple attempted to acquire Circle with an acquisition price of around $4-5 billion last month, but the deal fell through as Circle demanded over $5 billion. According to the report, Circle prefers to be acquired by Coinbase, which already holds a stake in the company. If Circle is acquired, the IPO it applied for in April is likely to be canceled.
2. JP Morgan CEO "Allowing Customers to Purchase Bitcoin"...Continues Contradictory Approach
Jamie Dimon, CEO of JP Morgan, continued his contradictory stance on Bitcoin by announcing that he will allow his customers to purchase Bitcoin (BTC). During the Investor Day event on the 19th, Dimon announced that JP Morgan will soon offer Bitcoin purchases. Dimon has previously made explicit criticisms of Bitcoin, comparing it to a "Ponzi scheme", "fraud", and "drugs" over the years.
3. Ripple Introduces International Remittance System to Two Major Banks in UAE
Ripple has implemented its international payment system at two major banks in the United Arab Emirates (UAE): Zand Bank and Mamo. In an official statement on the 19th, Ripple explained that it will provide its international payment system 'Ripple Payment' to Zand Bank, the UAE's first digital bank, and fintech company Mamo, using a XRP Ledger-based stablecoin, cryptocurrency, and fiat currency integrated payment system for international transfers.
4. Chainlink Connects Solana with Blockchain Interconnection Protocol CCIP
Chainlink announced on the 19th that it has implemented a v1.6 upgrade and connected its blockchain interconnection protocol 'CCIP (Cross-Chain Interoperability Protocol)' to Solana. With the CCIP connection, Chainlink can provide secure blockchain connections between Solana, Ethereum, Binance Chain, and Arbitrum Network.
Reporter Kwon Seung-won ksw@blockstreet.co.kr
