Ripple and Coinbase Battle to Acquire Circle in $11B Deal Amid Antitrust Concerns

  • Ripple and Coinbase are reportedly in a high-stakes bidding war to acquire stablecoin issuer Circle, according to Paul Barron on X. Sources say Ripple currently holds the advantage, offering a valuation between $9 billion and $11 billion for the Boston-based company behind USDC.