Coinbase and Mastercard are competing to acquire BVNK, a leading London-based stablecoin provider, in a deal worth up to $2.5 billion, reflecting growing interest in digital asset payment solutions.
Coinbase and Mastercard are in advanced discussions to acquire BVNK, a rapidly growing stablecoin provider based in London, for up to $2.5 billion. This acquisition highlights the increasing interest of traditional financial companies in the expanding digital asset payments and stablecoin infrastructure sectors.