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Mastercard just closed a massive $1.8B acquisition of stablecoin infrastructure firm BVNK, beating out Coinbase and Visa in a heated bidding war. The payment giant is betting big on the $300B stablecoin market.
News 🔥 High Mastercard just closed a massive $1.8B acquisition of stablecoin infrastructure firm BVNK, beating out Coinbase and Visa in a heated bidding war. The payment giant is betting big on the $300B stablecoin market. Mastercard, a major global payments company, has finished buying BVNK, a company that provides technology for stablecoins (digital currencies pegged to assets like the dollar). This signa...
#acquisition#institutional-adoption#mastercard#payments#stablecoin Read full article