Mastercard announced it has acquired BVNK, a UK-based stablecoin infrastructure startup, for $1.8 billion. BVNK supports stablecoin payments in over 130 countries and holds payment licenses in multiple jurisdictions. Mastercard plans to integrate stablecoins as a core infrastructure within its international remittance network, 'Mastercard Move.' Meanwhile, Mastercard has halted its previously considered strategic investment plan in the cryptocurrency company ZeroHash.
