According to the source, Fortune Magazine reports that Mastercard is in advanced discussions to acquire stablecoin infrastructure firm Zero Hash for between $1.5 billion and $2 billion, citing five unnamed sources with knowledge of the deal (Fortune Magazine). Following the Fortune Magazine report, traders can watch MA for M&A risk pricing and stablecoin-infrastructure peers for sentiment shifts driven by the headline (Fortune Magazine).

According to Eleanor Terrett's Twitter report, Ripple CEO Brad Garlinghouse stated on stage at XRPLasVegas that Ripple never pursued an acquisition of stablecoin issuer Circle, directly addressing recent market rumors (Source: @EleanorTerrett, June 3, 2025). This clarification removes uncertainty for XRP traders and stablecoin investors, signaling that Ripple's stablecoin strategy will remain independent. The news reduces speculation-driven volatility in the XRP and USDC markets and may shift trading focus toward organic growth of Ripple’s ecosystem.