Coinbase mulls $2B BVNK startup acquisition in stablecoin push: Report

Coinbase is considering acquiring the startup BVNK for $2 billion as part of its strategy to enhance its stablecoin offerings. This move is significant because stablecoins have already contributed to about 20% of Coinbase's total revenue in the third quarter of 2025, highlighting their growing importance in the cryptocurrency market. By expanding its stablecoin capabilities, Coinbase aims to strengthen its position in the competitive landscape of digital finance.