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Why Mastercard is buying stablecoin infrastructure instead of a token

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 99 Views

Why Mastercard is buying stablecoin infrastructure instead of a token

Mastercard’s planned BVNK acquisition highlights a shift toward infrastructure over token issuance, reflecting how major payment firms are approaching stablecoins.

Mastercard’s deal to acquire BVNK for up to $1.8 billion goes beyond simply entering the crypto space. It reflects a well-thought-out strategic redirection.

Rather than introducing its own stablecoin, Mastercard has opted to gain control of the underlying infrastructure that links conventional finance to blockchain-enabled payments.

This approach prompts an important question: Why would a major player in payments decide against creating its own digital currency and instead invest in the systems that facilitate its movement?

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