One of the largest deals ever for a stablecoin startup has fallen through Coinbase pulls back from acquiring bvnk, a stablecoin startup, in a $2 billion deal The talks ended by mutual agreement, according to both companies, which did not provide a reason
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Mastercard also reportedly pursued a deal with bvnk prior to the startup entering into an exclusivity deal with coinbase.
Coinbase ends $2b bvnk deal talks amid rising stablecoin competition as market cap tops $305b despite a slight weekly decline.
