# Сопутствующие статьи по теме Payments

Новостной центр HTX предлагает последние статьи и углубленный анализ по "Payments", охватывающие рыночные тренды, новости проектов, развитие технологий и политику регулирования в криптоиндустрии.

The Second Half of Stablecoins No Longer Belongs to the Crypto World

The article discusses the shift in the stablecoin market from the crypto sector to traditional finance, highlighted by Mastercard's acquisition of BVNK for up to $1.8 billion in March 2026. This move came after Coinbase abandoned a $2 billion deal for BVNK months earlier, signaling intensified competition for stablecoin infrastructure. BVNK specializes in cross-border payments using a "stablecoin sandwich" model: converting fiat to stablecoins like USDC for blockchain transfer, then back to local currency, reducing transaction times and costs. Its key asset is a suite of global licenses, including EMI from the UK FCA and CASP under EU MiCA, enabling compliance across 130+ countries. Mastercard's acquisition aims to integrate BVNK into its Multi-Token Network (MTN), a private blockchain for tokenized assets, addressing MTN's lack of connectivity with public chains. This enables atomic settlements, 24/7 B2B transactions, and programmable payments. The strategy contrasts with Visa’s partnership-focused approach, emphasizing direct control over infrastructure. The U.S. GENIUS Act (July 2025) provided regulatory clarity, defining stablecoins as non-securities under OCC oversight, which facilitated Mastercard’s move. The deal pressures players like Ripple and traditional correspondent banks, as Mastercard’s global network could disrupt cross-border payment fees. Ultimately, stablecoin evolution is becoming invisible to users—embedded in traditional finance for efficiency, not crypto adoption. Mastercard’s investment secures a foothold in the next-generation payment ecosystem.

marsbit03/21 07:12

The Second Half of Stablecoins No Longer Belongs to the Crypto World

marsbit03/21 07:12

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