Mastercard to Acquire BVNK in $1.8B Stablecoin Payments Push
Mastercard is acquiring BVNK for up to $1.8 billion to enhance its stablecoin payment capabilities and bridge fiat and blockchain systems.Summary
Mastercard has agreed to acquire BVNK, a stablecoin infrastructure company, in a deal valued at up to $1.8 billion, including potential contingent payments. This acquisition aims to strengthen Mastercard’s position in the growing blockchain-based payments landscape by connecting traditional fiat payment rails with onchain transactions. BVNK, founded in 2021, facilitates payments across major blockchain networks in over 130 countries, bridging fiat currencies and stablecoins for use cases like cross-border payments. Previously, a $2 billion acquisition deal between BVNK and Coinbase fell through in November 2025 without a disclosed reason. BVNK has also received investments from Visa and Citigroup, indicating strong interest from traditional financial institutions. Industry experts, like Stanley Druckenmiller, predict stablecoins could revolutionize global payments within the next decade due to their efficiency and lower costs.
(Source：Cointelegraph)