Mastercard to acquire stablecoin firm BVNK for up to $1.8B

Mastercard has agreed to acquire BVNK, a leading stablecoin infrastructure provider, for up to $1.8 billion, according to a Tuesday press release.

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 assets. The combined capabilities aim to deliver secure, compliant, and chain-agnostic payment options at scale.

The deal is expected to close before year-end, subject to regulatory approval.

This is a developing story.

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