Mastercard Closes $1.8 Billion BVNK Deal, Becomes the First Card Network to Own Stablecoin Rails
Mastercard closed its $1.8 billion Mastercard BVNK acquisition, buying $30B in annual stablecoin volume outright instead of just partnering for it.
Stablecoins, central bank digital currencies and the new rails of digital cash.
Mastercard closed its $1.8 billion Mastercard BVNK acquisition, buying $30B in annual stablecoin volume outright instead of just partnering for it.
Samsung confirmed native Samsung Wallet stablecoin support across 800 million Galaxy phones, but has not yet named an issuer, blockchain, or launch date.
The Tether KPMG audit delivered a clean opinion on Tether’s 2025 financials and a $6.8B reserve surplus, but that buffer keeps shrinking, our data shows.
Cloudflare Wallets and cloudflare.pay put AI agent stablecoin payments onto x402 rails, letting bots pay for APIs and content under human spend limits.
The Western Union stablecoin card is now live in 37 markets, pairing a USDPT wallet with a Visa card so remittance recipients can spend dollars on-chain.
JPYC stablecoin payments go corporate as Amazon Japan logistics partner AZ-COM Maruwa moves to pay 2,300 partners and drivers in the yen-backed token.
The HKDAP stablecoin from Standard Chartered-backed Anchorpoint targets an August launch under Hong Kong licensing. What it signals for institutional treasury.
A $15B stablecoin supply drop is the sector’s worst since Terra, as the GENIUS Act yield ban pushes idle cash into tokenized Treasuries nearing $17 billion.
Augustus raised $180m at a $1bn valuation to build an AI-native stablecoin clearing bank, with conditional OCC approval for a US national bank charter.
A stablecoin card issuer collapsed on 29 July, killing 120,000 cards. Why self-custody architecture protected users when centralised balances would not.