{"id":8380,"date":"2026-03-17T18:06:44","date_gmt":"2026-03-17T18:06:44","guid":{"rendered":"https:\/\/demo5.dedicatedhost247.com\/zexo\/mastercard-says-its-acquiring-stablecoin-startup-bvnk-in-1-8-billion-bet-on-future-of-payments\/"},"modified":"2026-03-17T18:06:44","modified_gmt":"2026-03-17T18:06:44","slug":"mastercard-says-its-acquiring-stablecoin-startup-bvnk-in-1-8-billion-bet-on-future-of-payments","status":"publish","type":"post","link":"https:\/\/demo5.dedicatedhost247.com\/zexo\/mastercard-says-its-acquiring-stablecoin-startup-bvnk-in-1-8-billion-bet-on-future-of-payments\/","title":{"rendered":"Mastercard says it&#8217;s acquiring stablecoin startup BVNK in $1.8 billion bet on future of payments"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div id=\"RegularArticle-ArticleBody-5\" data-module=\"ArticleBody\" data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-5-2\"><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"\/><\/p>\n<div class=\"InlineImage-imageEmbed\" id=\"ArticleBody-InlineImage-107335423\" data-test=\"InlineImage\">\n<div class=\"InlineImage-wrapper\">\n<div>\n<p>A view of the Mastercard company logo on its stand during the Mobile World Congress in Barcelona on March 1, 2017.<\/p>\n<p>Joan Cros Garcia &#8211; Corbis | Corbis News | Getty Images<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"group\">\n<p><span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-1\"><a href=\"https:\/\/www.cnbc.com\/quotes\/MA\/\">Mastercard<\/a><span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\"\/><\/button><\/span><\/span><\/span> on Tuesday <a href=\"https:\/\/investor.mastercard.com\/investor-news\/investor-news-details\/2026\/Mastercard-to-Acquire-BVNK-to-Connect-On-Chain-Payments-and-Fiat-Rails\/default.aspx\" target=\"_blank\" rel=\"noopener\">said<\/a> it agreed to acquire <a href=\"https:\/\/bvnk.com\/\" target=\"_blank\" rel=\"noopener\">BVNK<\/a>, a London-based stablecoin infrastructure firm, for up to $1.8 billion. It&#8217;s the payment network&#8217;s biggest bet yet on the mainstreaming of digital currencies.<\/p>\n<p>The deal includes $300 million in payments that are contingent on BVNK hitting certain performance metrics and is expected to close this year, Mastercard said in a <a href=\"https:\/\/investor.mastercard.com\/investor-news\/investor-news-details\/2026\/Mastercard-to-Acquire-BVNK-to-Connect-On-Chain-Payments-and-Fiat-Rails\/default.aspx\" target=\"_blank\" rel=\"noopener\">statement<\/a>.<\/p>\n<p>The acquisition gives Mastercard, the world&#8217;s second-largest payment network after <span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-5\"><a href=\"https:\/\/www.cnbc.com\/quotes\/V\/\">Visa<\/a><span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\"\/><\/button><\/span><\/span><\/span>, the ability to connect traditional payment rails with emerging blockchain-based systems. That will allow Mastercard to enmesh itself in payments systems involving stablecoins and tokenized deposits as they gain adoption in coming years.<\/p>\n<p>&#8220;We expect that most financial institutions and fintechs will in time provide digital currency services,&#8221; Mastercard Chief Product Officer Jorn Lambert said in his firm&#8217;s release. <\/p>\n<p>BVNK, which was founded in 2021 and told CNBC last year that its <a href=\"https:\/\/www.cnbc.com\/2025\/10\/09\/biti-bvnk-stablecoin-banks-crypto.html\">valuation was above $750 million<\/a>, says its platform currently supports transactions on all major blockchain networks in more than 130 countries.<\/p>\n<p>Stablecoin startups have been a hot commodity since the reelection of President Donald Trump in late 2024 ushered in a new era of crypto-friendly regulation.<\/p>\n<p>BVNK reportedly entertained <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/11\/12\/coinbase-ends-acquisition-talks-for-u-k-based-bvnk-fortune\" target=\"_blank\" rel=\"noopener\">takeover interest<\/a> from <span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-8\"><a href=\"https:\/\/www.cnbc.com\/quotes\/COIN\/\">Coinbase<\/a><span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\"\/><\/button><\/span><\/span><\/span> as well as Mastercard, and Mastercard had been <a href=\"https:\/\/www.reuters.com\/business\/mastercard-poised-buy-crypto-firm-zerohash-nearly-2-billion-fortune-reports-2025-10-29\/\" target=\"_blank\" rel=\"noopener\">interested<\/a> in acquiring a different crypto company, <a href=\"https:\/\/www.cnbc.com\/2025\/09\/23\/startup-zerohash-raises-104million-morgan-stanley-sofi-apollo.html\">Zerohash<\/a>, earlier this year.<\/p>\n<\/div>\n<div class=\"ArticleBody-googlePreferredSourceContainer\" data-module=\"GooglePreferredSource\" data-id=\"RegularArticle-GooglePreferredSource-5\"><a href=\"https:\/\/www.google.com\/preferences\/source?q=https:\/\/www.cnbc.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.<\/a><\/div>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>A view of the Mastercard company logo on its stand during the Mobile World Congress in Barcelona on March 1, 2017. Joan Cros Garcia &#8211; Corbis | Corbis News | Getty Images Mastercard on Tuesday said it agreed to acquire BVNK, a London-based stablecoin infrastructure firm, for up to $1.8 billion. It&#8217;s the payment network&#8217;s [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":8381,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":""},"categories":[49],"tags":[12465,218,928,1238,10792,217,184,199,12737,12733,746,299,1469,303,1926,2624,12735,186,10352,3566,875,2118,12736,2491,304,314,12734],"jetpack_featured_media_url":"https:\/\/image.cnbcfm.com\/api\/v1\/image\/107335423-1700186666155-gettyimages-647053464-_jcg2290.jpeg?v=1773753200&w=1920&h=1080","_links":{"self":[{"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/posts\/8380"}],"collection":[{"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/comments?post=8380"}],"version-history":[{"count":0,"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/posts\/8380\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/media\/8381"}],"wp:attachment":[{"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/media?parent=8380"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/categories?post=8380"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/tags?post=8380"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}