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Does Ripple Have the Upper Hand Against Coinbase in the Battle for Circle?

  • Ripple and Coinbase are competing to acquire Circle, with offers exceeding $10 billion.
  • Circle, the issuer of USDC, reportedly prefers Coinbase due to their history, but some believe Ripple has a better chance.
  • Ripple is rumored to have offered $4-$5 billion, which Circle deemed low. There are speculations of Ripple raising the bid to $20 billion.
  • Ripple recently displayed financial strength with a $1.25 billion acquisition, showcasing its ability to make significant deals.

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