Coinbase and Mastercard compete fiercely to acquire top stablecoin firm BVNK.

BVNK’s $2.5B deal could reshape global crypto and fintech payment systems.

The acquisition race signals rising demand for faster, blockchain-based finance.

Coinbase and Mastercard are engaged in intense negotiations to acquire London-based stablecoin company BVNK. The potential deal, valued at $1.5 billion to $2.5 billion, has the potential to be the most significant stablecoin acquisition to date. According to sources close to the matter, Coinbase is currently in the lead in the acquisition race, but talks are still ongoing with no final decision yet.

BVNK is one of the supporters of infrastructure that provides stablecoins and has upgraded to become one of the leading infrastructures in that field in a remarkably short time since its foundation in 2021. The company allows companies to pay their followers with stablecoins, carry out international transactions, and manage treasury services. 

BVNK’s Rapid Rise Draws $50M Backing from Global Investors

The rapid growth of BVNK has attracted considerable attention from investors. It also recently raised $50 million in another round in December, led by Haun Ventures, with Coinbase Ventures, Tiger Global, and the venture arm of both Visa and Citi participating. 

Also Read: Coinbase Wins Big in 2025: Staking Services Available in New York

This round granted the firm an approximate of $750 million. Their possible acquisition is now seen as a giant leap in value, and as such, it increases the significance of stablecoin rooms in worldwide finance.

An acquisition would be larger than Stripe buying another stablecoins startup, Bridge, which it did earlier this year, at $1.1 billion. Both transactions underscore a rising interest in blockchain-enabled payment infrastructure by fintech leaders. Analysts believe that the buy would make stablecoins important instruments that can bridge crypto markets and the conventional banking framework.

The negotiations are occurring when the sector of stablecoins is developing at an unprecedented pace. As DeFiLlama indicates, the market size of stablecoins in the entire world already surpasses $304 billion. 

The surge in growth began owing to the enactment of the US GENIUS Act, which President Donald Trump signed in July. The legislation will offer a nationwide framework for the issuance of stablecoins, together with disclosure utilizing appealing opportunities among institutional and big enterprises.

Pegged to conventional currencies such as the US dollar, stablecoins have turned out to be a staple of digital payments. They are quicker, less expensive, and resolved within seconds as opposed to days. 

Coinbase and Mastercard Aim to Lead Digital Finance

The proponents hold that stablecoins can transform the financial infrastructure and fill the divide between crypto-innovation and regulated finance. However, critics still demand a more stringent regulation so that it would be against abuse.

Major banks, too, are looking into the stablecoin strategies. According to Citigroup CEO Jane Fraser, the bank is also coming up with a Citi stablecoin to facilitate real-time corporate payments. In June, JPMorgan introduced its own institutional client deposit tokens and increased the settlement with blockchains. 

In the meantime, regulators are considering capping. The Bank of England had recommended the capping of stablecoin ownership to between £10,000 and £20,000 billion of pounds in individual and business ownership. It has sparked the pushback of the crypto community, who believe that regulation would slow down innovation and competitiveness.

With the competition between the two giants on BVNK, Coinbase and Mastercard aim to establish themselves as leaders in digital finance. Any company that wins the deal shall have a very strong presence in the programmable payments and blockchain banking environment. The next step of the coin revolution with stables depends on its result.

Also Read: Kazakhstan Unveils Revolutionary Evo Stablecoin Backed by Solana and Mastercard

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Filed under: Bitcoin - @ October 10, 2025 11:12 am