Coinbase Global is in talks to acquire stablecoin infrastructure startup BVNK in a $2 billion deal, aiming to diversify revenue sources as stablecoins contributed 20% of their Q3 2025 revenue. BVNK, founded in 2021, offers enterprise-grade stablecoin payments and has raised $90 million in funding from investors like Citi Ventures and Visa.

The acquisition comes as the GENIUS Act passage in the US has sparked corporate interest in stablecoins, setting clear rules for collateralization and compliance with AML laws. The bill has legitimized stablecoins for institutional use, leading to Visa launching a pilot program for international payments with stablecoins, signaling a growing trend in the industry.

Read more at Cointelegraph: Coinbase Mulls $2B BVNK Acquisition In Stablecoin Push