Circle Attracts Bids from Coinbase and Ripple as Acquisition Talks Heat Up

Circle Internet Financial, the issuer of the $43 billion USDC stablecoin, is facing considerable interest from major players in the cryptocurrency market for a potential acquisition. According to crypto analyst Amelie on Twitter (X), Circle has initiated informal discussions regarding a possible sale to either Coinbase or Ripple. This development adds another intriguing layer to the ongoing saga surrounding Circle’s strategic direction, as previously discussed by Timetabloid.