3:003:00 осталось
SpeakBase Times·Finance·
Mastercard Closes 1.8 Billion Dollar Bet on Stablecoin Payments After BVNK Acquisition Completes
Mastercard completed its $1.8 billion acquisition of London-based stablecoin startup BVNK on May 21, 2026, closing a deal first announced in March. BVNK's platform connects blockchain networks with traditional payment rails across more than 130 countries, enabling businesses to hold and transfer stablecoins alongside regular currencies. The purchase positions Mastercard at the forefront of a rapidly growing market as stablecoins move from niche technology to mainstream commerce infrastructure.
By SpeakBase Times Editorial Team
Level 1 - Absolute Beginner
Ready
Reading PassageTap highlighted words for definitions
Mastercard is a big company that helps people pay for things. It bought a smaller company called BVNK for $1.8 billion.
BVNK works with a new kind of money called stablecoins. Stablecoins are digital money that stays at the same price.
The deal was finished on May 21, 2026. Now Mastercard can help people pay in more than 130 countries using this new digital money.
📝
Key Vocabularypayment —money given in exchange for goods or services
digital money —money that only exists on computers or phones, not as physical coins or notes
stablecoin —a kind of digital money that always stays the same price
startup —a new and small company, usually in technology
billion —one thousand million (1,000,000,000)
blockchain —a computer system that records payments safely across many computers
deal —a formal agreement between two parties
currency —the money used in a particular country
Exercises
Multiple Choice
1What company bought BVNK?
2How much did the deal cost?
3Where is BVNK from?
4What kind of money does BVNK work with?
5In how many countries does BVNK operate?
True or False
6Mastercard is a company that helps people make payments.
7BVNK is a very old company that has been around for 50 years.
8Stablecoins change price every day like other cryptocurrencies.
9The deal was completed in May 2026.
10BVNK only works in a few countries.
Fill in the Blank
11Mastercard bought a company called ___.
12The deal cost $1.8 ___.
13BVNK works with money called ___.