Curve is in active talks to purchase crypto lender BlockFi's more than 87,000 credit card users, whose cards have been stopped since 11th of November. Outreach and talks began on 12th of November and are currently ongoing with Banking as a Service (BaaS) provider Deserve, which services the BlockFi card program. If the deal goes through, the fintech intends to continue BlockFi's credit card program, emphasizing that clients would still be able to earn cryptocurrency rewards. They also stated that if the purchase is completed, clients from BlockFi's credit card program would not be moved to yet another centrally held exchange. 

Binance US and Coinbase were also targeting BlockFi's credit card clients. Coinbase, on the other hand, said that they're not participating in any talks or initiatives connected to BlockFi's card program, while Binance US did not comment. The pitch for BlockFi's credit card users comes only days after BlockFi stated on 11th of November that it was stopping withdrawals due to the continuing controversy with crypto exchange FTX. The same day, BlockFi credit card users flooded Twitter with reports that their cards were no longer working and that they had received messages from BlockFi confirming that their cards had been suspended due to recent events at BlockFi.

Movement of Curve Finance since coming to the market. (Source: CoinMarketCap)

Sources:

https://coinmarketcap.com/currencies/curve-dao-token/

https://beamstart.com/news/payments-company-curve-bids-for-16683939675259

https://www.forbesindia.com/article/cryptocurrency/curve-and-binance-fight-to-take-over-87000-blockfi-credit-card-accounts/81181/1

https://www.investing.com/news/cryptocurrency-news/payments-company-curve-bids-for-blockfis-87000-credit-card-customers-2942508

https://cointelegraph.com/news/payments-company-curve-bids-for-blockfi-s-87-000-credit-card-customers