Exchanges· ★★★★· bullish·

Mastercard completes $1.8B BVNK acquisition to expand stablecoin settlement

  • —Deal worth up to $1.8B closed on August 3, including $300M in contingent payments
  • —Settlement will support USDC, PYUSD, USDG, USDP, RLUSD and SoFiUSD
  • —Platform covers Arbitrum, Base, Ethereum, Polygon and Solana
  • —SoFiUSD already settled transactions on Mastercard's network on September 22
Why it matters: The largest card network is embedding stablecoins into B2B settlement, reinforcing institutional adoption of digital assets.
#USDC#PYUSD#RLUSD
Source: TokenPost
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