Mastercard in Talks to Acquire Stablecoin Tech Firm Zerohash for Around $2 Billion: Fortune

Credit card giant Mastercard is reportedly in advanced discussions to acquire stablecoin infrastructure firm Zerohash for between $1.5 billion and $2 billion, according to Fortune, which cited five unnamed sources with knowledge of the deal. The potential acquisition is the second this month that New York-based Mastercard is reportedly pursuing as it looks to expand its presence in the stablecoin space, along with other high-profile financial services firms. A Mastercard spokesperson told Decrypt that th ...