Mastercard

Coinbase and Mastercard are in advanced talks to acquire London-based stablecoin startup BVNK, with the deal potentially valued between $1.5 billion and $2.5 billion. Sources indicate Coinbase is currently leading the negotiations as both firms aim to strengthen their positions in the growing stablecoin payments market.

Kazakhstan has taken a historic step toward merging national currency with blockchain technology. Partnering with Solana and Mastercard, the country has launched Evo (KZTE), the first stablecoin pegged to the Kazakhstani tenge—a bold experiment positioning the central bank at the heart of the crypto revolution.

Mastercard will let banks and merchants in Eastern Europe, the Middle East and Africa settle payments using Circle’s USDC and EURC stablecoins. The move aims to speed up cross-border transfers and cut costs for trade and remittances in the region.

Binance has launched instant euro withdrawals to Mastercard for users in Europe and the UK, making it faster and easier to access crypto funds. The feature supports direct transfers from crypto sales or euro balances and is expected to expand to more currencies and regions.

Mastercard and Chainlink have teamed up to let over 3 billion cardholders buy crypto directly on-chain using their bank cards. The system is already live and involves several partners to handle payments, compliance, and crypto swaps.

MoonPay and Mastercard have partnered to launch global stablecoin card services, enabling payments at 150 million merchants. The move deepens Mastercard’s crypto strategy, following ties with OKX, Nuvei, and Circle.

MetaMask’s new self-custody crypto card backed by Mastercard and launched in partnership with CompoSecure and Baanx, enters a market already crowded with offerings from major centralised exchanges. Can it carve out a niche in an increasingly competitive landscape?

Kraken’s Mastercard crypto debit cards are set to launch in the coming weeks, with clients now able to join a waitlist for early access to the highly anticipated product.

Mastercard is launching a programme to accelerate virtual card adoption, enhancing interactions across banks, platforms, and businesses. By leveraging advanced VCN technology, Mastercard is enabling seamless, consumer-like commercial payments.

Mastercard launched its Crypto Credential service in the UAE and Kazakhstan to simplify cryptocurrency transactions by using secure aliases instead of complex wallet addresses.