Mastercard and BVNK Launch 'Global Money Platform' to Merge Fiat and Stablecoins

Mastercard and BVNK launched the 'Global Money Platform' after Mastercard's $1.8 billion acquisition of BVNK. The platform lets banks, fintechs, and enterprises hold, convert, and spend fiat and stablecoins through a single API, with agentic commerce support planned. This is the first major integration since the acquisition.