Circle in Talks to Acquire Ripple and Coinbase: Potential Impact on USDC and Crypto Markets

Rumors swirl as Circle, the stablecoin issuer behind USDC, engages in informal talks with both Ripple and Coinbase about a potential acquisition. While no official confirmation exists as of May 19, 2025, sources indicate that Circle aims for a valuation of $5 billion, aligning with its past IPO aspirations. Ripple’s offer, estimated between $4-5 billion, includes a substantial XRP component, which Circle has reportedly rejected. Conversely, Coinbase’s involvement in USDC governance suggests potential synergy for such a deal.