stablecoin expansion
Mastercard is reportedly close to a $2 billion acquisition of Zerohash, a crypto infrastructure company, to enhance its stablecoin and on-chain settlement capabilities. The acquisition aligns with Mastercard’s ongoing efforts to strengthen its presence in the cryptocurrency market. By partnering with Zerohash, the company aims to improve its technology and infrastructure related to digital currencies. Zerohash provides services that support blockchain transactions and stablecoin operations, which are critical for Mastercard’s growth strategy. This move reflects the increasing interest from traditional financial institutions in integrating cryptocurrency solutions into their services.
