A redemption at $ 5 billion? According to a fortune article, Circle, the stable emitter USDC, would consider Always an IPO (IPO)but would also be in informal talks with Ripple and Coinbase for a possible sale. Circle would seek to obtain at least $ 5 billion, a sum which also represents its objective for the IPO. What will be the decision of the USDT dolphin? Start of the response to follow.
- Circle considered an IPO while exploring a potential sale in Ripple or Coinbase for $ 5 billion.
- Ripple and Coinbase showed an interest in the acquisition of Circle, creating an intriguing situation for the future of Stablecoins.
Ripple and Coinbase in the running for the acquisition of Circle
Still according to Fortuneif Ripple were to acquire Circlewhich is now part of the probabilities, payment would be made in cash and XRP, the cryptocurrency created by Ripple. For his part, Cornerbase would use liquidity and actions to finance the purchase. The two giants of the crypto expressed their interest in Circle, although the precise details of a possible transaction remain vague.
The relationship between Coinbase and Circle dates back to 2018, when the two companies launched the Consortium center. This project aimed to establish standards for stablecoins backed by fiduciary currencies, including the USDC. Coinbase also has an agreement with Circle to list theUSDC on its exchange platform.
An IPO still relevant despite the economic uncertainties
Society had also deposited A request for IPO On April 1, with the aim of finalizing the process by the end of the month. However, the company fell slightly on April 4, indicating that it could delay its IPO due to theeconomic uncertainty. Despite these hesitations, Circle seems determined to raise funds, whether by an IPO or a sale.
The ipos market in the crypto is booming. Besides Circle, platforms like Gemini And Kraken Also envisage IPOs in 2025 or early 2026. This trend is encouraged by the American president Donald Trumpwhich pushed for a regulatory environment more favorable to crypto in the United States.
While Circle continues to weigh its options between an IPO and a sale, the crypto market remains dynamic with major players like Ripple and Coinbase ready to make strategic acquisitions. The company’s final decision may well redefine the landscape of stablecoins and influence the cryptocurrency market as a whole.