Mastercard’s acquisition of stablecoin infrastructure firm BVNK is the largest deal of its kind. Here's what it means for payments, banks, and fintech competition.
BVNK was previously in talks with the U.S. crypto exchange Coinbase for an acquisition price of about $2 billion.
March 17 (Reuters) - Mastercard said on Tuesday it would buy stablecoin payments infrastructure firm BVNK for up to $1.8 ...
Mastercard agrees to acquire BVNK for up to $1.8 billion to expand stablecoin payments and digital asset services worldwide.
Mastercard said on Tuesday it would buy stablecoin payments infrastructure firm BVNK for up to $1.8 billion, as the card ...