ATC quote · Apr 30, 2025 · 0:14:10
“Well, obviously, that was a lowball offer. That was a, like, insanely lowball offer. But, you know, I I understand the reasons why. You know, if they feel like Circle might be in a a tight position…”
Landy @CryptoLandy
From Garlinghouse Offers $50M for All Things Crypto because why not?, Apr 30, 2025 · Episode page
In context
0:13:20 Dave @DCBK2LA: Cool. Listen listen to the numbers. Are ready? To these numbers. The Ripple RLUSD stablecoin has a market cap just above $316,000,000, while Circle's USDC has a market value of 61,700,000,000. And Ripple is the one making the 5,000,000,000 offer for Circle. How wild is that? Like, that's crazy. I think they... They're gonna wanna just entice, essentially, like, the executives to be like, look. Fucking just, like…
0:14:10 Landy @CryptoLandy: Well, obviously, that was a lowball offer. That was a, like, insanely lowball offer. But, you know, I I understand the reasons why. You know, if they feel like Circle might be in a a tight position, for instance, the margins are pretty thin in terms of operating capital, that could be one of the reasons why. I just don't... I don't see I don't see a deal there. And so I... In some respect, like, I almost feel like…
0:15:12 Dave @DCBK2LA: Yeah. Interesting. I guess we'll see. Let's see. MetaBeast, what's good, man? What's going on?
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