Mastercard Buys Stablecoin Infrastructure, Not a Token
Why Mastercard’s BVNK acquisition is a strategic shift Mastercard’s deal to acquire BVNK for up to $1.8 billion goes beyond simply entering the crypto space. It reflects a well-thought-out strategic redirection. Rather than introducing its own stablecoin, Mastercard has opted to gain control of the underlying infrastructure that links conventional finance to blockchain-enabled payments. This