[Coinbase Plans to Acquire Stablecoin Infrastructure Firm BVNK for Approximately $2 Billion] BlockBeats News, November 1: According to Bloomberg, Coinbase plans to acquire stablecoin infrastructure startup BVNK for approximately $2 billion. The deal has entered late-stage negotiations and is expected to be completed by the end of this year or early next year, pending due diligence. If the deal goes through, it will be the latest example in the recent wave of mergers and acquisitions in the stablecoin sector. Coinbase's move aims to reduce its reliance on transaction fees, diversify its revenue streams, and boost stablecoin adoption.