"Mastercard's $1.8 Billion Bet on Stablecoins: A Restructuring of the Payment Track" (Author: Ada, DeepFlow TechFlow) Mastercard's acquisition of BVNK for up to $1.8 billion is essentially a response to the impact of stablecoins on its core profit source—cross-border payments: on-chain settlement, with its lower costs and higher efficiency, is shaking the card organization's fee logic. Mastercard has chosen to integrate stablecoins into its network, building a model where the front end remains the card, but the back end switches to blockchain, to ensure it continues to control the user entry point in the new settlement system. Read more: