Mastercard
InstitutionsActive· US

Mastercard

$1.8B for BVNK. Mastercard bought the stablecoin rails before anyone else priced them correctly.

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Brief

Acquired BVNK for $1.8B. Major stablecoin payment infrastructure push. May 6, 2026: MTN routed the redemption instruction in the first cross-border, cross-bank tokenized treasury settlement, alongside Ondo, Kinexys by J.P. Morgan, and Ripple.

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Snapshot

Key terms and identifiers.

Asset classes
Treasuries
Jurisdiction
US
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Connections

Who they build with, build on, integrate with.