Mastercard Closes $1.8B BVNK Acquisition To Bridge Fiat And Stablecoin Payment Rails
Financial expertise firm Mastercard introduced that it has accomplished its acquisition of BVNK, an enterprise-grade stablecoin fee infrastructure supplier, in a deal valued at as much as $1.8 billion. The transaction, initially agreed upon in March, contains $300 million in contingent funds and represents a serious development within the fee community’s efforts to combine conventional…
