Mastercard Targets Stablecoins Market with Potential Acquisition of Zerohash

Mastercard is actively pursuing an acquisition of Zerohash, a crypto and stablecoin infrastructure platform, in a deal potentially worth up to $2 billion. This move aims to expand Mastercard’s presence in the burgeoning stablecoin market, where regulatory clarity in the US has fostered investor interest. Though the deal remains in its late stages, if it falls through, Mastercard would still be positioned as a major player in the space.