Mastercard has officially completed its acquisition of fintech platform BVNK, driven by the growth of the stablecoin market currently valued at over $309 billion according to CoinMarketCap. BVNK operates across 130 countries, enabling businesses to convert, hold, move and store fiat and digital assets. Integrating BVNK’s native technologies will allow Mastercard to significantly accelerate cross-border B2B payments, treasury flows and settlements for banks and fintech companies. BVNK, described as a long-standing Ripple partner, natively supports XRP through its multichain system, with both companies sharing the same institutional B2B payments segment.
Source: Read the original article
