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Mastercard bets on stablecoins with $1.8 billion deal
short by / on Wednesday, 25 March, 2026
Mastercard has announced plans to acquire UK-based BVNK for up to $1.8 billion, expanding into stablecoin infrastructure. Stablecoins, linked to currencies like the dollar, run on blockchain networks and enable faster cross-border transfers. The move signals a shift in global payments, with networks like Visa also testing blockchain-based settlements.
read more at The Core