Coinbase is in advanced talks to acquire London-based fintech BVNK for approximately $2 billion, Bloomberg reports. The deal targets BVNK's stablecoin payment infrastructure serving institutional clients. Completion is expected between late 2025 and early 2026.

Standard Chartered projects the tokenized real-world asset market will grow to $2 trillion by 2028, up from the current $35.5 billion market capitalization. The bank cites stablecoin liquidity and decentralized finance infrastructure as primary drivers for the anticipated 57-fold expansion. Regulatory clarity remains the sector's key risk factor, according to the institution's analysis.

Mastercard is in final-stage negotiations to acquire Zerohash, a B2B crypto infrastructure provider, in a deal valued at around $2 billion, Fortune reported citing five sources. Zerohash enables financial institutions to integrate stablecoin and digital-asset services without building proprietary backends. The deal has not yet been finalized.

Metaplanet has launched a $500 million share repurchase program on the Tokyo Stock Exchange after its market capitalization-to-net asset value ratio dropped below 1.0 in mid-October 2025. The company will acquire up to 150 million shares, representing 13.13% of outstanding stock. Funding will come from a newly approved $500 million credit facility with a one-year term.

Western Union has begun testing stablecoin-based treasury solutions to shorten settlement cycles and reduce transaction costs. CEO Devin McGranahan announced the pilots during a Q3 2025 earnings call, crediting regulatory clarity from the GENIUS Act as a driver for digital asset adoption.

Stripe has launched Tempo, a Layer-1 blockchain designed for payments, while completing acquisitions of stablecoin platform Bridge and crypto wallet provider Privy. JPMorgan estimates Stripe's addressable market exceeds $350 billion. The payments giant achieved profitability in 2024 and processed over $1.4 trillion in transaction volume.