Circle, one of the US leading crypto currency companies, has rejected the rumors of sales recently in recent days. Company, Coinbase or Ripple $2.34 He stressed that the allegations that they will be purchased did not reflect the truth. Authorities, Ripple’dan allegedly came to 4-5 billion dollars of bid, stating that the focus was completely turned into public offering. Thus, the eyes were locked in the start of the expected transaction at the New York Stock Exchange in 2024.
DENSITY came to sales claims
The Circle administration put an end to the discussion with the statement, ölüm rumors that our company will be sold are unfounded ”. Coinbase and the Ripple façade, the possible purchase scenarios voiced short -term price fluctuations, but official denying relieved investors. The spokesman said, “There is only a public offering on our agenda, and this sentence repercussed in the market. Analysts say that the net attitude reinforces the trust in the USDC ecosystem; Stablecoin users also think that a great risk for circulating money has disappeared.
On the Ripple side, the cards are mixed again. The company aimed to add Circle to its portfolio to strengthen her hand in the Stablecoin market, but postponed the plans to reject the bid. Sources close to the sector, Ripple continues to evaluate, but currently does not prepare a new offer. “The tables have not been overthrown completely,” the circles say that if the market conditions change, the parties may meet again. Even this possibility led to a feverish debate in the crypto currency community.
Public offering preparations continue
Circle aims to complete the public offering before the end of the year. Financial statements are updated, international license applications are accelerated and USDC reserve audits are presented to the public. The management summarizes the strategic importance of the process by saying, bakında While trading on the stock exchange is enlarging our global access, it will rivet our transparency ”. US -based technology funds have already begun searching for pre -public offering shares; Some reports emphasize the phrase “Circle folds its value as it remains independent”.
Balance has already been achieved in the market. When the rumors of sales first exploded, the USDC/USDT parity has a slight deviation, but the official explanation returned to normal. Experts are united in the opinion that the direct public offering path will give Circle higher valuation in the medium term. An independent Circle will communicate more easily with regulatory institutions and will continue to be a critical confidence anchor in the crypto currency ecosystem. All developments keep expectations for Stablecoin competition alive.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
