Coinbase and Mastercard are said to be in a battle-off to acquire BVNK, a UK-based stablecoin firm.
Depending on whose deal wins, Coinbase would strengthen its foothold in the stablecoin economy.
And what does it mean for Mastercard? Well, the TradFi giant could update its payment rails to keep up with the demand for fiat-pegged digital money.
Both outcomes mark a significant step in bringing mainstream users into crypto. Thus, there may not be a better time to scoop up the best altcoins to buy ahead of the next season.
BVNK Might Fetch Up to $2.5B in Coinbase-Mastercard Takeover
Since going live in 2021, BVNK has been well-known for seamlessly integrating stablecoins into payments, cross-border transfers, and treasury operations.
The firm hit its stride in December last year, rai