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104 Mastercard to Buy Stablecoin Startup BVNK for Up to $1.8 Billion

The Information
Yueqi Yang @ The Information 1 place · today 10:42 EDT

Mastercard to Buy Stablecoin Startup BVNK for Up to $1.8 Billion

Mastercard said it agreed to buy BVNK, a stablecoin payment startup, for up to $1.8 billion, including $300 million in contingent payments, in its biggest bet that more companies will use the cryptocurrency to move money globally. With the acquisition, Mastercard is defending against the threat ...

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