Mastercard to Acquire Stablecoin Tech Firm BVNK for Up to $1.8 Billion

André Beganski

Tue, March 17, 2026 astatine 8:42 AM CDT 1 min read

Mastercard is acceptable to get stablecoin infrastructure steadfast BVNK for up to $1.8 billion, the payments elephantine said successful a property merchandise connected Tuesday.

The acquisition volition let the institution that processes astir $9.5 trillion successful yearly payments measurement to connection end-to-end enactment for integer assets, Mastercard said. The steadfast noted that the woody with BVNK involves $300 cardinal successful contingent payments.

Representing 1 of the largest acquisitions involving a crypto-native steadfast this year, BVNK operates a fiscal level allowing radical to transact successful stablecoins. The institution besides specializes successful converting betwixt integer assets and assorted forms of cash.

BNVK enables businesses to transact with each different successful 130 countries. That’s acold little than the 210 countries that Mastercard’s outgo processing web operates in, but the acquisition shows that incumbents are progressively eyeing stablecoins arsenic caller colony tools.

BVNK was valued astatine $750 cardinal erstwhile it unveiled $50 cardinal successful Series B backing successful 2024. Last year, Coinbase reportedly abandoned a woody to get BVNK for $2 billion. Around that time, the speech was successful contention with Mastercard to get the UK-based firm.