Mastercard to Acquire BVNK for Up to $1.8B to Expand Stablecoin Payment Infrastructure

Mastercard agreed to acquire BVNK for up to $1.8 billion, including $300 million in contingent payments, to expand its digital asset payment infrastructure and stablecoin capabilities. BVNK's infrastructure supports payments across major blockchain networks and operates in more than 130 countries, enhancing Mastercard's cross-border and chain-agnostic payment reach by connecting blockchain-based transactions with traditional fiat systems. Digital currency payments reached at least $350 billion in volume in 2025, and the transaction is expected to close before year-end, subject to regulatory approval and customary conditions.