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The deal could value bvnk between $1.5 billion and $2.5 billion, according to fortune’s sources Stablecoin infrastructure platform bvnk has received investment from visa ventures, in a key vote of confidence for the future of stablecoins in payments. If purchased at an estimated value between $1.5 billion and $2.5 billion, the acquisition would mark the largest stablecoin deal to date
The discussions are ongoing, with coinbase reportedly leading the bid over mastercard, although inside sources insisted on anonymity. A deal would be the largest stablecoin acquisition yet — almost one year after the fintech giant stripe struck a $1.1 billion deal to acquire the stablecoin startup bridge …
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