Mastercard Buys Stablecoin Firm BVNK for Up to $1.8B

Mastercard Buys Stablecoin Firm BVNK for Up to $1.8B

Mastercard said it will acquire the stablecoin infrastructure startup BVNK for as much as $1.8 billion. It's the latest example of a traditional payment network positioning to remain competitive as emerging technologies become more prominent. Diksha Gera, Bloomberg Senior Analyst, and Bloomberg Repo...

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