Aug 3, 2026
Mastercard has finalized its acquisition of BVNK, a London-based cryptocurrency infrastructure platform and Ripple partner, for $1.5 billion plus $300 million in earnouts. The deal expands Mastercard's capabilities in the stablecoin payments market, adding BVNK's infrastructure that processes $30 billion in annual stablecoin volume across 130 countries.
Global payments provider MiFinity has launched PayAnyCoin, a stablecoin-based enterprise payout service built on BVNK infrastructure, as new data shows embedded digital dollar wallet volume surging 263x year-over-year with payment service providers overtaking trading as the largest customer segment.
Diaspora remittance platform LemFi is transitioning its cross-border settlement operations to stablecoin rails through a partnership with BVNK, replacing traditional multi-day correspondent banking with near-instant, lower-cost settlement.