Coinbase and Mastercard Aim for Historic Stablecoin Acquisition with BVNK Deal

A potential landmark acquisition in the stablecoin market is brewing as Coinbase and Mastercard have reportedly entered advanced discussions to acquire BVNK, a prominent stablecoin infrastructure firm. If successful, the deal would be valued between $1.5 billion to $2.5 billion, making it the largest M&A transaction in the stablecoin sector. This acquisition could significantly accelerate the integration of stablecoins into cross-border payment systems.