Mastercard Deepens Crypto Push With $1.8B Acquisition of Stablecoin Payments Firm BVNK

Payments giant Mastercard continues with its pro-crypto endeavors, announcing a major acquisition of the stablecoin infrastructure provider BVNK for $1.8 billion. The move followed another major expansion from last week, when Mastercard tapped Ripple, Binance, PayPal, Circle, and other crypto companies in an attempt to bridge the gap between traditional finance and blockchain. Mastercard’s Big Acquisition The d…