The acquisition aims to integrate BVNK’s onchain infrastructure with Mastercard’s network to expand stablecoin payments for banks and fintechs.
Mastercard has completed its $1.8 billion acquisition of BVNK, a stablecoin infrastructure provider, to enhance digital currency and fiat connectivity. The deal includes $300 million in contingent payments and was first announced in March.
The move follows BVNK’s abandoned $2 billion deal with Coinbase in November 2025, which had advanced to due diligence. Mastercard said the acquisition will enable banks and fintechs to offer stablecoin-based payments, settlements, and treasury services.
BVNK confirmed its integration into Mastercard, stating customers will retain existing teams and products. The tie-up is expected to expand card capabilities and cross-border fund transfers.