Coinbase and Mastercard are said to be in a battle-off to acquire BVNK, a UK-based stablecoin firm.
Depending on whose deal wins, Coinbase would strengthen its foothold in the stablecoin economy.
And what does it mean for Mastercard? Well, the TradFi giant could update its payment rails to keep up with the demand for fiat-pegged digital money.
Both outcomes mark a significant step in bringing mainstream users into crypto. Thus, there may not be a better time to scoop up the best altcoins to buy ahead of the next season.
Since going live in 2021, BVNK has been well-known for seamlessly integrating stablecoins into payments, cross-border transfers, and treasury operations.
The firm hit its stride in December last year, raising $50M in a series B round that valued it at $750M.
Per sources like Fortune, it’ll cost around $1.5B–$2.5B for Coinbase or Mastercard to bring BVNK under their wings.
No final agreement has yet been reached, but, according to various sources like Fortune, Coinbase has the upper hand.Suppose Mastercard does get its way, it wouldn’t be the first major bank to back BVNK. Visa invested in the company back in May, but the exact amount was never officially disclosed.
Visa’s investment was likely strategic, considering it occurred just before President Trump signed the GENIUS Act in July. As a result, there’s now an established federal framework for stablecoin issuers in the US, helping the market hit a sizable $309.5B market cap to date.
US dollar-backed stablecoins lead the race – $USDT with a $177.9B market cap, followed by $USDC at $75.4B.
But it’s not only stablecoins that benefit from this renewed institutional adoption and regulatory clarity.
Increased market liquidity and accessibility often spill over into the rest of the crypto market. It’ll possibly fuel the growth of altcoins, perhaps ones with competitive edges, like Bitcoin Hyper ($HYPER), INFINIT ($IN), and Snorter Token ($SNORT).
Bitcoin Hyper ($HYPER) sets out to solve Bitcoin’s biggest pain points, including speed, cost, and scalability.
It aims to achieve this by launching a Layer-2 (L2) network that’ll leverage the Solana Virtual Machine (SVM).
And it’s no wonder that it seeks Solana-level throughput. Right now, Bitcoin can only process 9.98 tps on average, whereas Solana facilitates around 780.6 tps (nearly 100% more!).As a result of Bitcoin only being able to handle a limited amount of tps, users compete for block space. Not only does this slow down Bitcoin’s transaction speeds, but it drives up the network’s fees, which currently average $1.258 – roughly 46,500% higher than Solana’s $0.0027.
So, Hyper taking advantage of the SVM’s capabilities makes the utmost sense to create a cost-friendly alternative chain.
Unlocking Bitcoin’s full potential, however, is a Canonical Bridge. By bridging the original network with the L2, you’ll be able to access DeFi, NFTs, dApps, and even check out the next crypto to explode on launchpads.
But to leverage the Hyper ecosystem’s full suite of benefits, you’ll want to scoop up some $HYPER on presale. Right now, the token’s available for just $0.013095.
$HYPER has already raised a whopping $23M on presale, owing to opening exclusive benefits to token holders: governance rights, lower gas fees, and staking rewards, currently at a 51% APY.
There’s no better time to join the $HYPER presale; its price will increase tomorrow and is anticipated to break $0.32 this year. (Check out our Bitcoin Hyper price prediction for more information.)
Join Bitcoin Hyper today.
$IN is the native token of INFINIT, a vertical banking platform that’s solely built for small and medium-sized enterprises (SMEs).
It helps streamline the operations of various industries – energy, automotive, healthcare, and real estate – by combining AI-powered business tools with financial services.And it’s succeeding at doing precisely that, as evidenced by it operating across 10+ countries, generating $200M+ in finance, and targeting 200K SMEs.
To access INFINITE’s full range of features, you need to purchase $IN. The token unlocks advanced AI-agent strategies, fee discounts, premium tools, and higher usage limits.
$IN also thrives on the platform’s developments. For instance, the token’s up by over 119% since yesterday, following news that INFINIT launched ‘Agentic DeFi’ on the Plasma platform. In doing so, it has integrated over $5B in deep liquidity with instant settlement.
As this new development continues gaining traction, now could be a favorable time to purchase $IN. It’s available on some of the best crypto exchanges (including MEXC and Binance) for roughly $0.25.
As the native token of the upcoming Telegram trading bot Snorter Bot, Snorter Token ($SNORT) is making waves on presale, having raised over $4.5M.
The bot will first launch on Solana to leverage its fast speeds, automation, simplicity, and cost-friendly fees. Then, it’ll branch out across Ethereum and other EVM-compatible chains so that you can expand your horizons beyond the best Solana meme coins.
Regardless of your preferred chain, it sets itself apart by enabling you to snipe new tokens instantly, copy top-performing wallets, and trade directly within the Telegram app.
To get the most out of the bot, however, you’ll want to buy $SNORT on presale. In doing so, you’ll also be granted lower trading fees (0.85% vs. up to 2%), 110% APY staking rewards, and exclusive premium tools.
One $SNORT currently only costs $0.1075, but don’t wait around to buy at this price. Once listed on top exchanges, our Snorter Token price prediction says it could break around $0.94 this year.
Buy $SNORT for possible 774% gains.
Disclaimer: This isn’t financial advice. Always DYOR and don’t invest more than you’re willing to lose.