Comment on USDC Issuer Circle Gains UAE Approval to Operate as Money Services Provider in Abu Dhabi by Circle Turned Down a $5 Billion Acquisition Offer From Ripple

[…] Circle had previously sought IPO approval from the SEC intending to operate under the “CRCL” stock ticker on the New York Stock Exchange (NYSE). But, the firm halted its plans as macroeconomic instability stalled the stock and crypto market amidst new United States trade policies. Reports indicate that Circle could be potentially open to buyout offers but Ripple’s offer failed to reach the desired valuation. […]