1 hour ago

Mastercard Acquires BVNK for $1.8 Billion to Bridge Stablecoin and Fiat Payments

TLDR: Mastercard will acquire BVNK for up to $1.8B, including $300M in contingent payments, pending regulatory approval. BVNK’s platform supports stablecoin payments across 130+ countries and all major blockchain networks worldwide. The deal enables financial institutions to offer stablecoin, tokenized deposit, and digital asset payment services. Together, Mastercard and BVNK will deliver a chain-agnostic infrastructure [...]

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Source: Blockonomi →