Mastercard to Buy BVNK in Up to $1.8 Billion Deal to Scale Stablecoin Payment Infrastructure

On 17 March 2026, Mastercard Inc. announced an agreement to acquire stablecoin infrastructure provider BVNK in a transaction valued at up to $1.8 billion, including $300 million in performance-based consideration. The deal is intended to connect Mastercard's global fiat payment network with onchain stablecoin transactions and leverage BVNK's platform, which supports fiat and stablecoin payments in more than 130 countries.