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CoinDesk (@CoinDesk)
JUST IN: @Visa is searching for a new stablecoin settlement partner after @Mastercard acquired BVNK, requiring licensing across the U.S., Canada, UK and Singapore. @IanAllison123 reports.
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CoinDesk (@CoinDesk)
NEW: @Mastercard launches a stablecoin pilot with @Borderlessxyz, testing its Crypto Credential framework across cross-border payment flows in 100+ countries, days after completing its @BVNKFinance acquisition.
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The Block (@TheBlockCo)
Mastercard unveils Agent Pay for Machines to support autonomous AI transactions, including stablecoins https://t.co/c0zeXn5Qbu
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Wu Blockchain (@WuBlockchain)
Stripe, Visa and Mastercard near stablecoin platform launch; Coinbase may join Stripe, Visa and Mastercard are close to launching a new stablecoin platform, while Coinbase is also exploring possible participation, according to CoinDesk. Coinbase, Stripe and Visa declined to comment, and Mastercard had not responded by publication time. CoinGecko data shows the stablecoin market cap is about $325 billion. Stripe previously acquired stablecoin infrastructure firm Bridge for $1.1 billion, Mastercard acquired BVNK, and Visa expanded its stablecoin settlement pilot to nine blockchains. https://x.com/CoinDesk/status/2062150108179828888
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Newton (@newton_xyz)
This Week in Institutional Crypto 🇺🇸 SoFi launched first stablecoin from a US national bank 🇺🇸 Mastercard received NY BitLicense 🇮🇹 Banca Sella first Italian bank under MiCA 🇪🇺 ECB rejected looser euro stablecoin rules 🇰🇷 South Korea approved cross-border crypto registration
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The Block (@TheBlockCo)
Mastercard secures New York State Bitlicense as it continues to expand crypto services https://t.co/Vj49hvuxym
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CoinDesk (@CoinDesk)
LATEST: @Mastercard secures a New York BitLicense, clearing the way for the payments giant to operate digital asset and stablecoin infrastructure under one of the strictest crypto regulatory frameworks in the U.S.
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CoinDesk (@CoinDesk)
SCOOP: Mastercard has abandoned plans to invest in crypto infrastructure firm Zerohash after the payments giant’s $1.8 billion acquisition of BVNK, according to a source. The move comes as the Chicago-based firm is now raising fresh capital at a higher valuation. @willcanny99 reports
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Plume (@plumenetwork)
Coordination is more than routing transactions. It means bringing together leading partners to build our tokenized future. We're proud to be part of the @Mastercard Crypto Partner Program.
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The Block (@TheBlockCo)
Mastercard set to be crypto-fiat 'network connector' following BVNK acquisition: Mizuho https://www.theblock.co/post/395165/mastercard-crypto-fiat-network-connector-bvnk-acquisition-mizuho?utm_source=twitter&utm_medium=social
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Wu Blockchain (@WuBlockchain)
According to Bloomberg, payment giant Mastercard is reportedly planning to acquire stablecoin infrastructure startup BVNK for up to $1.8 billion, including a contingent consideration of $300 million. This acquisition comes just four months after BVNK's approximately $2 billion merger talks with Coinbase fell apart. https://x.com/Mastercard/status/2033896270935257168
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CoinDesk (@CoinDesk)
BREAKING: @Mastercard to acquire stablecoin infrastructure company BVNK for up to $1.8B. Deal adds on-chain payment rails for stablecoins, tokenized deposits, and tokenized assets across 130+ countries to Mastercard's existing network.
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CoinDesk (@CoinDesk)
LATEST: @Mastercard breaks down how its crypto cards will allow small businesses to accept crypto. Mastercard crypto cards will let users pay with crypto while the transaction is processed in fiat on the Mastercard network behind the scenes.
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Plume (@plumenetwork)
.@chamath gets it. @Mastercard's Crypto Partner Program shows that stablecoins are the new face of global payments. We're proud to be part of the program. RWA yields up next.
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Plume (@plumenetwork)
The new Crypto Partner Program by @Mastercard is officially live, bringing 85+ industry leaders together to connect onchain innovation with everyday commerce. We're proud to be a part of this initiative. RWA isn't niche. It's the future of modern finance.
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CoinDesk (@CoinDesk)
NEW: Mastercard is launching a major blockchain payments push with more than 85 partners, including Binance, PayPal and Ripple.
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Tempo (@tempo)
Tempo has joined the @Mastercard Crypto Partner Program, working to connect stablecoin payments with global commerce infrastructure.
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Aggr News (@AggrNews)
BINANCE, PAYPAL, AND RIPPLE JOIN MASTERCARD'S NEW PUSH INTO BLOCKCHAIN PAYMENTS: COINDESK
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Wu Blockchain (@WuBlockchain)
According to crypto journalist Frank Chaparro, MasterCard is hiring a "Director Crypto Flows, Product Management" to push deeper into the DeFi space. The core responsibilities of the role include: owning card-based crypto on-ramps and stablecoin-linked issuance; sizing and scaling stablecoin, tokenized asset, and DeFi payment flows; and upgrading network rules and risk rails for Web3 transactions. http://x.com/fintechfrank/status/2026294727595766141?s=46&t=EEJDyfyr6YAcI4XNraAtwQ
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