💥Circle does not plan to sell itself; aiming for an IPO is the right path?

Stablecoin giant Circle officially denies any "acquisition talks" with Coinbase or Ripple, 🔥 responding with a single statement: "Not for sale, we are going for an IPO."

Previously, there were rumors that Ripple offered $4-5 billion, which was rejected, as Circle deemed the valuation too low. Media outlets had wildly speculated about a potential acquisition, but Circle quickly refuted these claims, confirming that the IPO is still in progress📈

📌Key signals:

1️⃣ Official denial of acquisition enhances market confidence in the USDC stablecoin

2️⃣ Commitment to the listing plan shows confidence in its own valuation and prospects💪

3️⃣ If the IPO is successful, it will be another capitalized representative of Web3 infrastructure following Coinbase🔥

If Circle successfully goes public independently, it is likely to solidify USDC's global position and provide positive support for confidence in DeFi. However, if acquired, the stablecoin landscape will be reshaped, presenting both risks and opportunities.

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