According to Crypto Rover, Circle, the issuer of the USDC stablecoin, is in informal talks to sell itself to either Coinbase or Ripple, as reported on May 19, 2025 (source: Crypto Rover on Twitter). This development could significantly impact stablecoin trading volumes, liquidity, and overall market confidence, especially if a major player like Coinbase or Ripple acquires Circle. Traders should closely monitor USDC order books and spreads, as any confirmed acquisition could trigger volatility in stablecoin pairs and shift asset flows across DeFi and centralized exchanges.