Mastercard said combining its global network with BVNK's on-chain technology will help scale stablecoin-based payment services for institutional clients. Mastercard has finalized its acquisition of BVNK as the payments giant deepens its push into stablecoin and digital asset infrastructure, according to a Monday statement. Mastercard said the combined platform will support stablecoin-powered cross-border payments, payouts, settlement and treasury services while improving interoperability between traditional financial systems and digital payment networks. Its platform supports fiat and stablecoin payments, enabling enterprises to manage payouts, settlements, and treasury flows across multiple currencies. The stablecoin infrastructure provider is backed by a group of fintech and crypto investors, including Concentric, Tiger Global, Haun Ventures, Visa Ventures, Citi Ventures, and Coinbase Ventures.