Key Takeaways Ripple’s rumored $5 billion bid for Circle has revived debate over the stablecoin issuer’s real value. Circle pays over 50% of its revenue to Coinbase for USDC distribution, weighing ...

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Circle is a stablecoin issuer, and this business model can actually be extremely profitable. The costs to operating a stablecoin system are relatively low. Meanwhile, the stablecoin issuer needs ...