Mastercard to Acquire BVNK in $1.8B Stablecoin Payments Push
Mastercard has agreed to acquire stablecoin infrastructure company BVNK in a deal valued at up to $1.8 billion, further expanding into blockchain-based payments. The deal includes up to $300 million in contingent payments and is intended to strengthen Mastercard’s ability to connect fiat payment rails with onchain transactions, the company said on Tuesday. “We expect