Mastercard has agreed to acquire stablecoin infrastructure provider BVNK, aiming to bring stablecoin settlement into its global payments network. The transaction is still subject to regulatory approvals across the jurisdictions where the companies operate, and the parties expect it to close later in 2026.
BVNK builds infrastructure that enterprises use to process payments through stablecoins and handle digital asset settlement. The company says it currently processes about $30 billion in annual transaction volume, with customers including Worldpay, Deel, Rapyd and Flywire. After closing, BVNK is expected to continue operating its platform while expanding stablecoin capabilities inside the Mastercard network.
BVNK stack to support settlement on Mastercard endpoints
Under the agreement, BVNK technology will support stablecoin settlement across Mastercard payment endpoints. The companies also plan to enable continuous settlement for payment processors and acquirers connected to Mastercard infrastructure. In parallel, the integration is set to introduce stablecoin payment options within Mastercard gateway infrastructure.
BVNK Chief Executive Officer Jesse Hemson Struthers said the deal gives the company a way to scale its stablecoin infrastructure inside a global payment network. He added that the collaboration is intended to expand stablecoin settlement capabilities across currencies and payment rails.
Integration reaches payment rails in more than 200 countries and territories
The partnership links BVNK’s infrastructure with Mastercard payment rails used across more than 200 countries and territories. It is designed to connect stablecoin settlement with the existing payment systems already used by banks, payment processors and financial institutions. That structure places stablecoin-based settlement closer to mainstream payment flows rather than keeping it separate from traditional networks.
Mastercard’s infrastructure will also give BVNK access to fiat payout systems, including card payments, bank accounts and digital wallets. The companies said combining stablecoin infrastructure with established payment networks may broaden digital asset payment services across global markets.
Operations stay unchanged while approvals are pending
The acquisition remains in the regulatory review stage, covering the jurisdictions where both companies operate. According to the companies, that process is expected to conclude in the later part of 2026.
BVNK said customer operations and services will continue unchanged during the approval period. Its existing technology platform, integrations and customer relationships are also expected to remain in place. Once the deal closes, BVNK will keep developing infrastructure for digital asset settlement and cross-border transactions as Mastercard adds stablecoin functionality to its payment ecosystem.