Mastercard Closes $1.8B BVNK Deal to Connect Fiat and Stablecoins

Mastercard completed its acquisition of stablecoin infrastructure firm BVNK to expand digital-asset payments, settlement and treasury services.

Mastercard Closes $1.8B BVNK Deal to Connect Fiat and Stablecoins

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Written by

Ezra Reguerra

staff writer

Reviewed by

Felix Ng

staff editor

Written by

Ezra Reguerra

staff writer

Reviewed by

Felix Ng

staff editor

Mastercard completes $1.8B BVNK acquisition in stablecoin push

Latest News

Published

Aug 4, 2026

Mastercard said the tie-up would help banks, fintechs and enterprises expand stablecoin payments, payouts, settlement and treasury services.

Mastercard has completed its acquisition of stablecoin infrastructure company BVNK, closing a deal valued at $1.8 billion.

On Monday, Mastercard

said

the acquisition combines its global network with BVNK’s onchain infrastructure to connect digital currencies with fiat currencies. The payments company said the combination would help institutions, fintechs and enterprises expand their use of stablecoins and tokenized assets across cross-border business payments, payouts, settlement and treasury flows.

In a separate announcement, BVNK

said

it had officially become part of Mastercard, adding that customers would continue to use the same teams, products and integrations, with no action required.

BVNK said the tie-up could allow banks to offer stablecoin payment services and connect customer accounts to wallets, while payment providers could enable round-the-clock merchant settlement.

BVNK said Mastercard’s global reach would expand its card capabilities and international fund transfer services.

Mastercard

agreed to acquire BVNK

for up to $1.8 billion in March, including $300 million in contingent payments. The deal comes after Coinbase and BVNK

abandoned a proposed $2 billion transaction

in November 2025, which had reached the due diligence stage.

Related:

Stablecoins gain ground for paychecks and daily spending: BVNK report

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