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Circle denies plans to sell to Coinbase or Ripple

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2025-05-26 16:14:28
Stablecoin issuer Circle has denied that it could be sold to San Francisco-based cryptocurrency firm Ripple Labs or Coinbase.
Previously, it was reported that Circle was in informal talks to sell to Coinbase or Ripple. A Fortune report said that Circle is exploring a sale at a valuation of $5 billion, which is in line with the company's initial public offering (IPO) target valuation.
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