Coinbase & Mastercard's Billion-Dollar Stablecoin Race
Update: 2025-10-10
Description
Coinbase and Mastercard are battling to acquire UK fintech BVNK in a deal worth up to $2.5 billion, signaling a massive shift in the future of digital payments. This acquisition would give either company a major foothold in the booming stablecoin market, potentially reshaping how billions move money daily and marking a critical tipping point for mainstream adoption. With regulation catching up and major players recognizing the risk of inaction, the race to dominate the stablecoin space is officially on.
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