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BREAKING: Coinbase’s $2B stablecoin deal with BVNK goes up in smoke 🚫! BVNK left high and dry after Master
wait what happened to BVNK now?? did coinbase just pull a sneaky on them 🤡?
wait why did Coinbase ditch a $2B stablecoin deal with BVNK?! 🤯 what’s Echo and why is Coinbase dropping mad stacks on
The collapse of Coinbase’s $2B deal with BVNK underscores the volatile nature of stablecoin acquisitions 📉: diversification into infrastructure via the
Coinbase walks away from a $2 billion stablecoin deal with BVNK 🚫. The failed acquisition highlights the challenges of expanding into the stablecoin sector despite growing global adoption. The collapse forces BVNK to explore other options after discussions with Mastercard also failed. Coinbase’s recent acquisition of Echo for $375 million aims to diversify beyond trading and strengthen its crypto infrastructure presence 🔄. In the third quarter of 2025, Coinbase reported a sharp rise in profits, beating Wall Street expectations 📈.
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