Mastercard buys stablecoin firm BVNK for up to $1.8bn

For most of its fifty-year history, Mastercard has been, in essence, a message-passing network. A transaction happens; Mastercard’s rails carry the authorisation signal between issuer and acquirer in milliseconds; settlement follows on a separate, slower track. The system is extraordinarily reliable and extraordinarily profitable. It is also, increasingly, a system designed for a world that […] This story continues at The Next Web