Coinbase Global has reportedly called off its planned $2 billion acquisition of stablecoin infrastructure startup BVNK, a deal that had entered due diligence in October. The reason for the termination was not disclosed. The news came as Coinbase simultaneously launched an interest-bearing savings account in the UK. This new UK product offers a 3.75% annual interest rate and is powered by ClearBank, providing coverage under the country's deposit protection scheme. This move highlights a dual focus for the company: expanding its core crypto services while also building out regulated, mainstream financial products in international markets. It suggests a strategic pivot towards diversifying revenue streams beyond volatile trading fees. The broader market context for this announcement is a period of high volatility, with Bitcoin recently falling to a seven-month low. The shift towards more stable, yield-bearing products could be an attempt to appeal to investors seeking less risk amidst the crypto market downturn. No specific market reaction to this dual announcement was detailed.