Mastercard to acquire stablecoin firm BVNK for up to $1.8B
Global financial services giant Mastercard announced Tuesday it has reached a deal to buy BVNK, a stablecoin payment infrastructure provider, for up to $1.8 billion. The acquisition will integrate BVNK’s platform with Mastercard’s global network, creating seamless connections between fiat and stablecoins. Customers will gain access to innovative solutions for cross-border remittances, B2B payments, and tokenized…
