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USDC stablecoin impact Flash News List | Blockchain.News
Flash News List

List of Flash News about USDC stablecoin impact

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2025-05-20
21:43
Coinbase and Ripple Bidding War for Circle Escalates: $9B-$11B Offer Signals Major Crypto Market Shakeup

According to MilkRoadDaily, Coinbase and Ripple are engaged in a rapidly escalating bidding war to acquire Circle, with Ripple's offer surging from $4-$5 billion in April to $9-$11 billion as of today (MilkRoadDaily, Twitter, May 20, 2025). This aggressive acquisition race highlights the strategic importance of Circle's USDC stablecoin infrastructure for both parties. For traders, this development signals potential volatility in USDC markets and could impact the competitive landscape of stablecoins and crypto exchanges. The outcome of this acquisition could drive significant shifts in liquidity, user retention, and integration between stablecoins and major crypto trading platforms.

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