
Mastercard launches global money platform built on $1.8B BVNK deal
- —The platform integrates Mastercard Move, which reaches over 17 billion endpoints
- —Stablecoin-funded payouts are set to expand to 40+ currencies across 200+ countries by 2027
- —Card issuance will be available in more than 130 countries
- —Early partners include Nuvei, Marqeta, Ontop, Bolt Group and Almond FinTech
Why it matters: A top global payments network is embedding stablecoins into banking infrastructure, intensifying its rivalry with Visa over digital settlement.
Source: CoinGape