<ul><li>Circle, a stablecoin issuer, is being pursued by Ripple and Coinbase for potential acquisition as part of their merger and acquisition plans.</li><li>Circle has indicated that it is not desperate to sell, despite reports of negotiations with Ripple and Coinbase. The stablecoin issuer has also filed for an Initial Public Offering (IPO).</li><li>Ripple is reportedly seeking to dominate payments, own stablecoin rails, and make XRP a default bridge. If Ripple were to bid for Circle, it would likely be a combination of XRP and cash.</li><li>Coinbase is said to be considering a bid in cash and stock for Circle. The company's CEO, Brian Armstrong, mentioned that Coinbase is open to merger and acquisition opportunities, with recent deals like the one with Deribit.</li></ul>

USDC Giant Circle Explores Sale Options with Ripple and Coinbase

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