Coinbase and Mastercard Pursue Billion Dollar Agreements with Stablecoin Company BVNK, According to Report
Simply put Coinbase and Mastercard are reportedly negotiating to acquire BVNK for up to $2.5 billion. These discussions come as interest in US dollar-pegged digital assets is surging. Experts suggest that payment platforms and crypto firms are now viewing stablecoins as essential infrastructure. Coinbase and Mastercard are said to be in advanced discussions to purchase […]
Coinbase and Mastercard are in advanced discussions to acquire stablecoin startup BVNK for about $2 billion.
Interest Grows in Stablecoin Acquisitions About a year after Stripe’s $1.1 billion acquisition of stablecoin startup Bridge, Coinbase and Mastercard are now exploring their own acquisition of BVNK, a London-based stablecoin company. This information comes from six sources close to the negotiations who requested to remain anonymous due to the sensitive nature of the discussions. […]
Crypto Wallet Phantom Introduces Stablecoin and Payment Service
Simply put Phantom has launched its own Stablecoin called Cash to back its new consumer finance platform, Phantom Cash. Phantom Cash introduces features like peer-to-peer transactions, Visa debit cards, and attractive cash rewards. The wallet provider secured $150 million in January, giving it a valuation of $3 billion. Phantom, a well-known Solana crypto wallet, has […]
European banks tap into the emerging stablecoin market in the region with new offerings
The Rise of Stablecoins and Their Impact on Financial Markets Increasingly, there are concerns about the effect that “execution” on Stablecoins is having on traditional financial markets. A new plan to introduce a Stablecoin by a consortium of European banks aims to attract cautious investors towards digital assets. This might accelerate initiatives to launch digital […]
Major European banks create a firm to introduce euro stablecoin
European Banks Plan Euro-Denominated Stablecoin A group of nine European banks, including ING and UniCredit, announced on Thursday their intention to create a new company aimed at launching euro-denominated stablecoins. According to a representative from Dekabank, the company will be headquartered in Amsterdam. They expect the stablecoin to be ready by next year, as indicated […]
Stable to Incorporate PayPal’s Stablecoin for Easier International Transactions
PayPal Ventures Invests in Stable for Enhanced Stablecoin Utilization On Monday, September 22nd, PayPal Ventures made headlines with its investment in Stable, a Layer 1 Blockchain Network, enhancing its stablecoin, PayPal USD (pyusd). This partnership aims to leverage the stability of Stable’s blockchain. Stablechain, the underlying blockchain of Stable, is focused on facilitating smooth financial […]
The first Chinese CNH stablecoin is launched as global competition intensifies.
New Stablecoin Tied to Yuan Launched in Korea This week marked the launch of a new regulated stablecoin in Korea, linked to the international version of the Chinese Yuan (CNH). It’s a significant step in the burgeoning global stablecoin market. Financial technology firm Anchorx introduced the Axcnh Yuan Pegged Stablecoin at the Belt and Road […]
U.S. Treasury Moves Forward with Stablecoin Regulations from GENIUS Act
US Treasury Advances Stablecoin Regulation Efforts The US Treasury Department is moving ahead with early steps to formalize the new Stablecoin Act into regulatory guidelines. This initiative, launched during President Donald Trump’s administration, involves what’s known as an “advance notice of proposed rulemaking.” The government has asked for public input on a range of complex […]
DBS and Franklin Templeton to Introduce Trading and Lending Solutions Based on Tokenized Money Market Funds and Ripple’s RLUSD Stablecoin
Investors Earning Yields through Sgbenji Tokens on DBS Digital Exchange DBS Exploring Collateral Use for Sgbenji Tokens Singapore, September 18, 2025 – DBS, Franklin Templeton, and Ripple are collaborating to offer institutional investors innovative trading and lending options. This initiative, leveraging tokenized money market funds and stablecoins like Ripple’s RLUSD, aims to enhance market efficiency. […]
Bitwise submits application for stablecoin and tokenization ETF with the US SEC
Bitwise Launches Stablecoin & Tokenization ETF Bitwise has officially filed with the US Securities and Exchange Commission (SEC) for its new Stablecoin & Tokenization ETF. This proposed ETF aims to track indexes comprising companies involved in stablecoin issuance, infrastructure, payment processing, exchanges, and retail from regulated crypto trading products linked to Bitcoin (BTC) and Ethereum […]