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title: Mastercard to acquire BVNK in stablecoin push | daily.dev
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# Mastercard to acquire BVNK in stablecoin push

**[TechCentral](https://daily.dev/sources/techcentral)** · 2 min read · 0 upvotes · 0 comments

## Summary

Mastercard is acquiring BVNK, a stablecoin payments infrastructure firm, for up to $1.8 billion. The deal includes $300 million in contingent payments and is expected to close before end of 2026. BVNK, founded in 2021, bridges fiat and stablecoin payments across 130+ countries and holds licences in multiple geographies. Mastercard aims to accelerate its entry into blockchain-based cross-border remittances and business payments, competing with Visa in the fast-growing stablecoin segment. Analysts view the acquisition as strategically sound given BVNK's geographic reach and hard-to-replicate regulatory licences.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://techcentral.co.za/mastercard-to-acquire-bvnk-in-stablecoin-push/279103/>

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---

Tags: [#blockchain](https://daily.dev/tags/blockchain), [#fintech](https://daily.dev/tags/fintech), [#stablecoin](https://daily.dev/tags/stablecoin)

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