Mastercard's BVNK adds Stellar stablecoin payment channel

According to The Defiant, BVNK, a stablecoin infrastructure company under Mastercard, announced the addition of the Stellar network as a stablecoin payment channel. This integration has officially launched in over 130 markets, and more Stellar native assets will be supported in the future.

BVNK is a stablecoin infrastructure company that was acquired by Mastercard for up to $1.8 billion.