Mastercard Eyed for $2 Billion Acquisition of Zero Hash to Advance in Stablecoin Settlement

Mastercard is in advanced negotiations to acquire blockchain infrastructure firm Zero Hash for a potential price range of $1.5 billion to $2 billion, according to sources familiar with the discussions reported by Fortune Magazine. This move would bolster Mastercard’s position in the stablecoin space as it seeks to facilitate faster and borderless transactions. Zero Hash has processed over $2 billion in tokenized fund flows this year and secured funding from notable investors like Interactive Brokers and Morgan Stanley in September.