Chamath Palihapitiya, a prominent investor, believes that acquiring Circle, the USDC stablecoin issuer, would be a significant bargain for companies like Ripple or Coinbase. His assertion comes as Circle seeks to raise $1.1 billion through its IPO, with shares priced at $31 and an estimated fully diluted valuation of $8.1 billion. 💰 Chamath believes even a purchase price of $12-13 billion would represent a steal considering the company’s future potential. 💪 He highlights Circle’s robust infrastructure and its strong position before the upcoming US stablecoin legislation, the GENIUS Act, which is expected to shape the industry’s trajectory for years to come. 🏛️ It would be exceptionally advantageous for entities like Ripple or Coinbase to acquire Circle.