(Reuters) -Mastercard ( MA ) is in late-stage talks to acquire crypto startup Zerohash for between $1.5 billion and $2 billion, Fortune reported on Wednesday, citing five sources familiar with the matter.

If the deal goes through, it would be Mastercard's ( MA ) one of the biggest bets yet on stablecoins, the report said, adding the talks might still fall through.

Mastercard ( MA ) and Zerohash did not immediately respond to Reuters' requests for comment.