Circle Teeters on IPO: Coinbase or Ripple Emerge as Potential Buyers?

Rumors swirl as Circle, issuer of the stablecoin USDC, navigates an IPO and potential acquisition offers. Sources indicate that Circle aims for a $5 billion sale valuation to support its planned initial public offering (IPO). The company’s move comes amidst speculation surrounding potential acquisitions from both Coinbase and Ripple. While recent reports suggest a strong probability of a Coinbase acquisition, the situation remains dynamic.