#Just in USDC Issuer Circle Allegedly In Talks With Ripple & Coinbase For Potential Sale

Stablecoin giant is still entertaining informal negotiations with Ripple Labs and Coinbase Exchange amid ongoing push for US IPO

Highlights

Coinbase has joined the informal talks for Circle acquisition

The stablecoin issuer is valued at $5 billion for its Initial Public Offering

Circle has rejected an initial $5 billion bid from Ripple Labs

The crypto Merger & Acquisition (M&A) activity in the digital currency ecosystem is taking new shape, with USDC issuer Circle still in acquisition talks. According to a new report from Fortune, despite its planned Initial Public Offering (IPO) push, the company is still in acquisition talks with Ripple Labs and Coinbase Global Inc.