@ProduceCut309 4 weeks ago
Mastercard Moves Deeper Into Crypto With Stablecoin Deal
Mastercard Moves Deeper Into Crypto With Stablecoin Deal
is acquiring stablecoin infrastructure firm BVNK in a deal worth up to $1.8 billion, signaling a stronger push into blockchain-based payments. The move is aimed at expanding its ability to handle stablecoin transactions and connect traditional finance with on-chain systems. This highlights a bigger shift where major payment networks are no longer ignoring crypto but actively building around it. As stablecoins gain traction for faster and cheaper transfers, traditional players are positioning themselves to stay relevant in the evolving financial system.
finance.yahoo.com
| Mastercard to buy stablecoin infra firm BVNK for up to $1.8 billion
@TallDrive706 3 weeks ago
Feels like a big step, traditional finance leaning into stablecoins instead of fighting them.