Crypto Rout Puts Stablecoins to the Test as Regulators Demand Transparency

Crypto Rout Puts Stablecoins to the Test

The recent downturn in cryptocurrency markets has reignited a familiar debate: just how stable are stablecoins? Once heralded as the bridge between volatile digital assets and traditional finance, stablecoins are now under increasing scrutiny as the broader crypto ecosystem faces mounting losses. Bitcoin, which soared to an all-time high of $126,000, has since plunged to … Read more

Coinbase in Late-Stage Talks to Acquire BVNK in $2 Billion Stablecoin Deal

Coinbase in Late-Stage Talks to Acquire BVNK

Coinbase is reportedly in late-stage discussions to acquire BVNK, a stablecoin infrastructure company, in a deal valued at around $2 billion, according to a Bloomberg News report published Friday (Oct. 31). The move marks Coinbase’s biggest potential acquisition since its public listing and could accelerate its expansion into global stablecoin payments and enterprise blockchain infrastructure … Read more