Cryptocurrency News Today TheBitTimes.com

Mastercard is in late-stage talks to buy blockchain infrastructure firm Zero Hash for between $1.5 billion and $2 billion as the payments giant moves to expand its foothold in stablecoin settlement, Fortune reported, citing sources familiar with the matter. It said the deal would give Mastercard control of an entity that processed more than $2 billion in tokenized fund flows this year and raised $104 million in a funding round led by Interactive Brokers and Morgan Stanley in September. Neither Mastercard nor Zero Hash has publicly commented on the report, but the move underscores how competition in the stablecoin space is intensifying among leading traditional finance firms seeking faster, borderless settlement systems. A potential acquisition would mark Mastercard’s most significant push yet into blockchain-based payments, coming as rivals including Visa, PayPal, and Western Union accelerate their own stablecoin initiatives following new US regulation. Mastercard May Lose Ou...

MoonPay has announced a partnership with Mastercard, targeting Web3-based experiential marketing, or new ways to connect with Mastercard's consumers. Global payment giant Mastercard continues exploring crypto currency benefits through a new collaboration with crypto payment platform MoonPay. MoonPay officially announced on Oct. 25 a partnership with Mastercard aiming to jointly explore how Web3 tools can improve experiential marketing, or new ways to connect with Mastercard's consumers. The firm also took to X (formerly Twitter) to report that MoonPay’s enterprise president Keith Grossman and Mastercard's chief marketing and communications officer Raja Rajamannar announced the collaboration at Money20/20 in Las Vegas. MoonPay’s partnership announcement with Mastercard. Source: X (formerly Twitter) “Mastercard will take advantage of MoonPay's entire Web3 portfolio, including auth to minting to ETHPass and more as well as work closely with our agency, Otherlife, for s...