Mastercard is buying stablecoin infrastructure firm BVNK for up to $1.8-billion as it pushes into blockchain payments.

TechCentral

Mastercard is acquiring BVNK, a stablecoin payments infrastructure firm, for up to $1.8 billion. The deal includes $300 million in contingent payments and is expected to close before end of 2026. BVNK, founded in 2021, bridges fiat and stablecoin payments across 130+ countries and holds licences in multiple geographies. Mastercard aims to accelerate its entry into blockchain-based cross-border remittances and business payments, competing with Visa in the fast-growing stablecoin segment. Analysts view the acquisition as strategically sound given BVNK's geographic reach and hard-to-replicate regulatory licences.

Mastercard to acquire BVNK in stablecoin push

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