Mastercard completes acquisition of stablecoin infrastructure provider BVNK

Mastercard completed its acquisition of BVNK, adding on-chain infrastructure aimed at stablecoin-native payments and fiat-to-digital currency interoperability.

The deal strengthens Mastercard’s push to support stablecoin use in cross-border business payments, remittances, payouts, settlement, and treasury flows.

BVNK’s platform enables clients to hold, move, convert, and manage value across fiat and digital currencies within a security and compliance framework.

Mastercard plans to combine its global network with BVNK’s technology to help banks, fintechs, and enterprises scale stablecoin and tokenized-asset payment use cases.