Mastercard has acquired stablecoin infrastructure company BVNK for $1.8 billion, marking a significant move in the digital currency space. According to NS3.AI, this acquisition is more than double BVNK's $750 million Series B valuation from just over a year ago. BVNK has developed enterprise-grade stablecoin settlement rails across 130 jurisdictions, making this transaction the largest stablecoin infrastructure deal in history.
