Mastercard to buy BVNK for $1.8B

This story was originally published on Payments Dive. To receive daily news and insights, subscribe to our free daily Payments Dive newsletter. Dive Brief: Mastercard has agreed to purchase London-based stablecoin infrastructure startup BVNK for up to $1.8 billion, with $300 million contingent on meeting certain goals, according to a press release from the card company Tuesday. The card network envisions using BVNK, which is connected to most major blockchain networks, to build a bridge between stableco ...