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2 years ago 3000000000 USD! Stripe, Mastercard, and Circle successively acquire stablecoin companies
BlockBeats reported that October 12, venture capital investor Alex Lazarow wrote that over the past 2 years, Stripe, Mastercard, and Circle respectively acquired U.S. stablecoin infrastructure company Bridge, U.K.BVNK and Singapore cross-border payments platform Tazapay, with the three transactions totaling more than 3000000000 USD. The three companies were founded between 2020 and 2022, and have raised approximately 200000000 USD, indicating that stablecoin payment infrastructure is becoming an area targeted by both traditional payment giants and crypto companies.
Among these transactions, Stripe announced in 2024 that it would acquire Bridge for slightly more than 1000000000 USD; Mastercard's acquisition of BVNK had a total value of up to 1800000000 USD, including 1500000000 USD in base consideration and 300000000 USD in contingent consideration; Circle agreed to acquire Tazapay in an all-stock transaction valued at 400000000 USD, with the transaction expected to close in 2027.
The growth in stablecoin adoption, the gradual clarification of regulatory frameworks, and rising demand for real-time cross-border payments are the main factors driving the acquisitions. Data shows that in 2025 adjusted stablecoin transaction volume increased year over year by 91%, reaching 10900000000000 USD, close to Visa's 14200000000000 USD; real-world payment volume more than doubled, reaching approximately 390000000000 USD.
These transactions show that acquirers value not only stablecoin technology, but also validated business scale, payment networks, and regulatory credentials. As stablecoin payment infrastructure matures, applications such as USD accounts, stablecoin payment cards, and cross-border remittances are also emerging. More local infrastructure companies similar to Bridge and BVNK may be acquired in regions around the world in the future.
Original link https://m.theblockbeats.info/flash/371439