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Mastercard Acquires Stablecoin Company BVNK in Deal Valued Up to $1.8 Billion

Throughout its fifty-year journey, Mastercard has operated primarily as a message-passing network, ensuring swift and reliable transaction authorizations between banks. While settlements occur on a separate, slower path, the system remains highly dependable and profitable. This acquisition signals Mastercard’s move toward adapting its robust network for the evolving digital payment landscape and stablecoin integration.

The Next Web
The Next Web