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CRYPTO LADY | Crypto Reviews • Market Insights • Web3

4 Aug, 15:01

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🏦 Mastercard just bought its way into stablecoins — outright.

On August 3 the payments giant closed its $1.8B acquisition of BVNK. It is the first large public payments network to buy stablecoin infrastructure rather than partner into it.

In a world where fiat, stablecoins and tokenized deposits coexist, the network that connects them best wins
— Jorn Lambert, Mastercard


BVNK is the hidden rails behind payments: holding, moving and converting value between fiat and on-chain. It processes about $30B a year and supports 150+ currencies across 200+ countries.

Now stablecoins plug straight into Mastercard's network: cross-border B2B payments, payouts, settlement, treasury flows. Banks used to watch stablecoins from the sidelines — the biggest card network is wiring them into the foundation.

#project

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