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Mastercard Nears $2 Billion Acquisition of Zerohash to Boost Stablecoin Infrastructure

Mastercard Nears $2 Billion Acquisition of Zerohash to Boost Stablecoin Infrastructure

Author:

Global Cryptocurrency

Published:

2025-10-30 22:33:02

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BTCCSquare news:

Mastercard is finalizing a deal to acquire Zerohash, a Chicago-based crypto infrastructure firm, for an estimated $1.5 billion to $2 billion. The move aims to strengthen Mastercard's capabilities in stablecoin settlements and on-chain transactions, positioning it alongside competitors like Stripe and Coinbase in the race for 24/7 cross-border payment solutions.

Zerohash, founded in 2017, provides API-driven services for cryptocurrency integration, including compliant custody and payouts. This acquisition underscores Mastercard's strategy to dominate asset settlement networks as traditional finance increasingly adopts digital assets.

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