<ul><li>Circle, the issuer of the USDC stablecoin, is contemplating an IPO but might opt for a potential sale to either Coinbase Global or Ripple.</li><li>Sources suggest that Circle is aiming for a $5 billion valuation, the same as its intended IPO, and would swiftly sell to Coinbase if a genuine offer is made.</li><li>Ripple has expressed interest in acquiring Circle with a bid between $4-5 billion, while market expert Paul Barron indicates Ripple might have an advantage in acquiring Circle at a potential price tag of $9 to $11 billion.</li><li>Coinbase also remains a contender for acquiring Circle, having the financial means with approximately $8 billion in cash as of March 31, 2025, and expressing openness to mergers and acquisitions.</li></ul>

Ripple Takes The Lead In Circle Acquisition Battle, Bidding Between $9-11 Billion

Discover more