In what appeared to be a closely contested bidding race, Mastercard has finally announced its acquisition of stablecoin infrastructure firm BVNK. The company had been at the center of a year-long battle between Mastercard and Coinbase, both vying to secure the fast-growing payments startup.
Mastercard Beats Coinbase To Acquire Stablecoin Infra Company BVNK at $1.8Bn
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AI INSIGHT
Mastercard acquires stablecoin infrastructure firm BVNK for $1.8 billion, announced March 17, 2026; BVNK had been in a year-long bidding contest with Coinbase.
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