According to sources familiar with the matter, U.S. cryptocurrency exchange Coinbase Global Inc. is in late-stage acquisition talks with stablecoin infrastructure startup BVNK, with a proposed transaction valued at approximately $2 billion. Due diligence is currently underway. Coinbase Ventures, Coinbase's venture capital arm, is one of BVNK's investors, and the deal is expected to close later this year or early next year. If the transaction is completed, Coinbase's revenue streams will no longer rely solely on transaction fees, and stablecoin usage will increase. (Bloomberg)