BNP Paribas Exane Upgrades MasterCard (MA) to Outperform, 'Dusting Off Our DCFs'

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Mastercard to Acquire BVNK to Connect On-Chain Payments and Fiat Rails

March 17, 2026 8:01 AM EDT

Expands capabilities to support greater choice in how people and businesses exchange value BVNKs digital asset infrastructure complements and extends Mastercards trusted global payments network, creating interoperability between fiat and stablecoins Enables financial institutions and other customers to address new use cases with stablecoins, tokenized deposits and tokenized assets

PURCHASE, N.Y.--(BUSINESS WIRE)-- Mastercard today announced a definitive agreement to acquire BVNK, a leader in stablecoin infrastructure, for up to $1.8 billion, including $300 million in contingent payments. The deal further expands Mastercards end-to-end support of... More