Techub News - According to Bloomberg, Mastercard plans to acquire BVNK, a stablecoin infrastructure startup, for approximately $1.8 billion at most, including $300 million in contingent consideration. BVNK, headquartered in London, previously negotiated with Coinbase regarding an acquisition valued at around $2 billion, but the two parties terminated discussions in November. Mastercard has recently established a global partnership network with over 85 digital asset and crypto-related companies. This transaction will further strengthen its positioning in stablecoin payment and settlement infrastructure.

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