Coinbase Rivals Ripple for Circle Acquisition

Circle Internet Financial, issuer of the $43 billion USDC stablecoin, is attracting interest from major crypto players for a potential acquisition. According to a recent X post by crypto analyst Amelie, Circle is engaged in informal discussions to sell itself to Coinbase or Ripple. This development adds a new dimension to the ongoing saga of Circle’s strategic direction, previously highlighted in Timetabloid’s coverage of Ripple’s acquisition attempts. BREAKING NEWS: CIRCLE $USDC IN “INFORMAL TALKS” TO SELL ITSELF TO COINBASE OR RIPPLE! #XRP https://t.co/4CDBYgdFeI pic.twitter.com/VOIZdzUgAl — 𝓐𝓶𝓮𝓵𝓲𝓮 (@_Crypto_Barbie) May 19, 2025 Ripple’s Ambitious Pursuit Ripple Labs, known for its XRP cryptocurrency and blockchain-based payment solutions, has made significant moves to acquire Circle. In late April 2025, Ripple reportedly offered $5 billion for Circle, which was ultimately rejected for being too low. Undeterred, Ripple allegedly increased its bid to a staggering $20 billion , signaling its determination to secure a dominant position in the stablecoin market. Acquiring Circle would provide Ripple with immediate access to USDC’s extensive infrastructure, regulatory relationships, and market share. Such a move aligns with Ripple’s broader strategy to integrate blockchain technology into global finance and could accelerate the adoption of its stablecoin, RLUSD. However, Circle’s management has expressed concerns about merging with a firm that has faced regulatory challenges, fearing it could jeopardize USDC’s reputation for compliance and transparency. Coinbase’s Strategic Interest Coinbase, a longstanding partner and distributor of USDC, is also reportedly in informal talks to acquire Circle. The exchange already plays a significant role in USDC’s distribution, receiving over 60% of Circle’s interest earnings as part of their revenue-sharing arrangement. An acquisition would consolidate Coinbase’s position in the stablecoin market and provide greater control over USDC’s issuance and integration across its platform. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Circle’s Independent Path Despite acquisition interests, Circle appears committed to pursuing an independent path. The company filed for an initial public offering (IPO) in April 2025, indicating its desire to remain autonomous and capitalize on its strong market position. Circle’s management believes that maintaining strategic independence is crucial for USDC’s continued growth and widespread adoption across various financial institutions and platforms. Implications for the Stablecoin Market The potential acquisition of Circle by either Ripple or Coinbase underscores the increasing importance of stablecoins in the digital asset ecosystem. As regulatory frameworks evolve and institutional adoption grows, control over leading stablecoins like USDC becomes a strategic asset. Whether Circle remains independent or aligns with a larger entity will have significant implications for the future of digital finance and the competitive dynamics within the stablecoin market. As the situation develops, stakeholders and observers will monitor how these informal talks progress and what they mean for the broader crypto landscape. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Coinbase Rivals Ripple for Circle Acquisition appeared first on Times Tabloid .

Source: TimesTabloid