Mastercard Spends $1.8 Billion on Stablecoin Insurance, Cross-Border Payment King Goes on Defense
Mastercard is acquiring stablecoin infrastructure company BVNK for up to $1.8 billion, a move aimed at protecting its market position in cross-border transactions as stablecoins threaten 37% of its revenue. BVNK will help Mastercard integrate stablecoin payments, improve settlement efficiency and reduce fees, while addressing regulatory challenges. The user experience may remain unchanged in the future, but settlement speed and costs are expected to improve.
MarketWhisper·03-23 02:09

