Coinbase Explores BVNK Acquisition Amid Stablecoin Revenue Growth
Coinbase Explores BVNK Acquisition Amid Stablecoin Revenue Growth
Published on
Coinbase is reportedly considering a significant acquisition of BVNK, valued at $2 billion, as part of its strategy to deepen its engagement with the stablecoin market. Stablecoins have proven to be a crucial revenue driver for the exchange, contributing approximately 20% of its total revenue in the third quarter of 2025.
Stablecoins are becoming an important source of income for Coinbase, as they accounted for about 20% of the exchange’s total revenue during the third quarter of 2025.