Mastercard to Acquire Stablecoin Infra Firm BVNK for up to $1.8 Billion
The move aims to integrate BVNK’s infra into Mastercard’s network to bridge on-chain payments and existing fiat rails. Mastercard has struck a deal to buy stablecoin infrastructure firm BVNK for up to $1.8 billion, according to a press release on Tuesday, March 17. The deal includes $300 million in contingent payments and is expected to…