Ripple Takes The Lead In Circle Acquisition Battle, Bidding Between $9-11 Billion 💰
Ripple appears to be taking the lead in the acquisition of Circle, the issuer of the USDC stablecoin, with current bids between $9 and $11 billion. Recently, Circle has been making strides toward an initial public offering (IPO), but reports suggest there is uncertainty surrounding the IPO. Informal discussions indicate a potential sale to either Coinbase Global or Ripple.
Sources indicate that Circle may be considering selling to Coinbase "in a heartbeat." However, the situation remains dynamic and subject to market developments. This acquisition battle signals a significant moment for the key players involved in the cryptocurrency landscape.
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