Mastercard in Talks for $2B Acquisition of Zerohash

Mastercard is reportedly engaged in advanced talks to acquire zerohash, a company specializing in crypto and stablecoin infrastructure, for a deal valued between $1.5 billion and $2 billion. This news follows Mastercard’s previous attempts to expand its presence in the stablecoin sector. Sources have revealed that the payments giant faced competition from Coinbase, which has now entered exclusive talks with BVNK following an earlier attempt by Mastercard.