Capital One agrees to acquire credit card, stablecoin payment enabler Brex

Capital One has announced its agreement to acquire Brex, a company that facilitates credit card and stablecoin payments. This acquisition aims to enhance Capital One's offerings in the fintech space and expand its capabilities in digital payments. Brex is known for its innovative financial solutions tailored for businesses, particularly startups. The deal reflects the growing trend of traditional banks seeking to integrate modern payment technologies. Financial terms of the acquisition have not been disclosed.

Read the full article: CoinDesk