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

Expands capabilities to support greater choice in how people and businesses exchange value BVNK’s digital asset infrastructure complements and extends Mastercard’s 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 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...

Polygon’s MATIC Value Rises as Covo Finance Joins Its Ecosystem

Polygon’s Matic price has recently experienced a significant rise in value. One potential reason for the surge in Polygon’s price is the increasing interest in decentralized finance (DeFi) projects. Polygon is quickly becoming a go-to destination for DeFi projects looking to build on a fast and efficient blockchain network. The network’s low transaction fees and high throughput make it an ideal choice for DeFi projects, and many projects are migrating to Polygon from other blockchain networks. Covo...

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