Mastercard has completed its acquisition of digital asset infrastructure provider BVNK.
Announced in March 2026 for up to US$1.8 billion, the transaction expands Mastercard’s efforts to connect fiat and digital currency payment rails through stablecoin infrastructure.
The acquisition integrates BVNK’s infrastructure, which enables businesses to hold, move and convert value across fiat and on-chain payment systems.
BVNK’s technology will support financial institutions, fintechs and enterprises exploring stablecoin and tokenised asset use cases, including cross-border B2B payments, payouts, settlement and treasury flows.
“Digital currencies, particularly stablecoins, are increasingly addressing real-world needs in areas like cross-border B2B payments, remittances, payouts, settlement and treasury flows,”
said Jorn Lambert, Chief Product Officer at Mastercard.
“In a multi-money world where fiat, stablecoins and tokenised deposits and other forms of value coexist, the next payments paradigm will be defined by how effectively each rail, network or form of money connects and works together,”
Lambert added.
Mastercard will combine BVNK’s on-chain infrastructure with its global payments capabilities to help financial institutions, fintechs and enterprises scale digital asset-based payment solutions.
Featured image credit: Edited by Fintech News Switzerland, based on image by georgejmclittle via Magnific
