Mastercard has agreed to purchase stablecoin infrastructure firm BVNK for 1.8 billion USD, more than double the company's 750 million USD valuation from just over a year ago. The credit card giant could have built the technology itself for far less, but the premium price signals the urgency with which traditional finance is moving into stablecoin rails across 130 jurisdictions. https://www.coindesk.com/opinion/2026/03/27/why-mastercard-paid-double-for-stablecoin-infrastructure-it-could-have-built #Blockchain #Crypto #Institutional #Mastercard
Why Mastercard paid double for stablecoin infrastructure it could have built

The credit card giant’s pricey payment to buy stablecoin platform, BVNK, says more than any strategy deck or earnings call ever could.

CoinDesk