According to Foresight News, The Crypto Basic reported that stablecoin issuer Circle denied selling to Coinbase or Ripple. A Circle spokesperson stated that the rumor is not true, and they remain committed to their long-term goals.
In a previous report by Foresight News, The Block reported that Circle is seeking acquisition at a valuation of at least $5 billion, with potential buyers including long-term partner Coinbase and stablecoin competitor Ripple, while Circle continues to advance its IPO plans.
