Mastercard Explores Acquisition of Zero Hash for Nearly $2 Billion Amid Rising Stablecoin Interest
The global payments firm Mastercard is reportedly considering a significant acquisition as part of its strategic move into the world of stablecoins.
According to recent reports, Mastercard is eyeing the acquisition of Zero Hash for nearly $2 billion. This potential move signals the company's growing interest in stablecoins and digital payments infrastructure.
Zero Hash, a key player in the crypto payment infrastructure space, has drawn attention from Mastercard as the payment giant seeks to capitalize on the growing popularity of stablecoins.
The rumored acquisition follows earlier talks between Mastercard and BNVK, another crypto payment infrastructure startup, indicating the company's proactive approach to expanding its presence in the crypto sector.
The potential acquisition of Zero Hash for such a substantial amount underscores Mastercard's commitment to staying at the forefront of the rapidly evolving digital payments landscape.