RE: LeoThread 2025-06-09 18:42
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It might be a smart move for Ripple or Coinbase to acquire Circle. Circle’s IPO appears to be 25 times oversubscribed, suggesting a valuation near $7 billion.
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If an acquisition were to take place for around $12–13 billion, it would be an attractive investment considering the long-term potential of the business.
Circle has established the foundational market infrastructure for stablecoins well before its formal entry into the U.S., coming in ahead of the proposed GENIUS bill.
The outlook suggests that companies like Stripe, Square, Ripple, and Coinbase could eventually compete for dominance in the stablecoin arena.
This scenario could benefit businesses and consumers by enhancing service offerings, even though it might compress profit margins.
The market leader is likely to be the one that constructs the most efficient infrastructure and offers it at the lowest cost with only a minimal markup.
Although there are no confirmed reports, various rumors indicate that Coinbase might be in discussions about a potential acquisition of Circle.