Mastercard Eyes Zero Hash Acquisition for Nearly $2B Bet on Stablecoins: Report

Finance Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Mastercard Eyes Zero Hash Acquisition for Nearly $2B Bet on Stablecoins: Report The global payments firm previously held talks to acquire crypto payment infrastructure startup BNVK, according to reports. By Krisztian Sandor | Edited by Nikhilesh De Oct 29, 2025, 8:50 p.m. Zero Hash founder and CEO Edward Woodford (CoinDesk) What to know : Mastercard is in late-stage talks to acquire blockchain startup Zero Hash for up to $2 billion, Fortune reported. Stablecoins, tied to fiat currencies, are becoming a key focus for global payment flows, with projections suggesting payment volumes could reach $1 trillion by 2030. Zero Hash specialized in providing stablecoin payment infrastructure and raised $104 million led by Interactive Brokers, Morgan Stanley in September. Mastercard (MA) is reportedly eyeing to acquire blockchain infrastructure startup Zero Hash as the competition for stablecoin payments is heating up. The global payments and card provider is in late stage talks and could pay $1.5 billion-$2 billion for the crypto firm, Fortune reported on Wednesday citing sources familiar with the matter. That comes as Mastercard might be losing out against Coinbase on bidding for crypto payments firm BVNK, the report added. STORY CONTINUES BELOW Don't miss another story. Subscribe to the Crypto Daybook Americas Newsletter today . See all newsletters Sign me up By signing up, you will receive emails about CoinDesk products and you agree to our terms of use and privacy policy . The news comes as stablecoins, or cryptocurrencies tied to fiat money like the U.S. dollar, have emerged as the next frontier for global payment flows. These digital tokens aim to offer cheaper, faster alternative to traditional rails by settling on blockchains, circumventing banks. Stablecoin payment volume could reach $1 trillion by 2030 with institutional adoption, FX settlement and cross-border flows driving growth, a report by Keyrock and Bitso this past summer projected. Visa unveiled plans to launch its tokenization platform, helping banks to issue and handle stablecoins. Stripe, for example, acquired stablecoin infrastructure provider Bridge for $1.1 billion and wallet provider Privy, and is building its own blockchain rail with Paradigm. Zero Hash, which has specialized on providing stablecoin payment infrastructure, processed $2 billion in tokenized fund flows in the first four months of the year amid rising institutional demand for on-chain assets, the firm told Coindesk in April. The startup raised $104 million led by Interactive Brokers and Morgan Stanley in September. Zero Hash did not immediately return a request for comment. Read more: Investment Bank Mizuho Says Visa Is Becoming the ‘Stablecoin of Stablecoins’ Mastercard Zero Hash More For You OwlTing: Stablecoin Infrastructure for the Future By CoinDesk Research Oct 16, 2025 Commissioned by OwlTing Stablecoin payment volumes have grown to $19.4B year-to-date in 2025. OwlTing aims to capture this market by developing payment infrastructure that processes transactions in seconds for fractions of a cent. View Full Report More For You Securitize Rolls Out Tokenized Credit Fund with BNY on Ethereum By Krisztian Sandor , AI Boost | Edited by Jamie Crawley 4 hours ago The fund offers exposure to collateralized loan obligations, with onchain capital allocator Grove planning a $100 million anchor investment. What to know : Tokenization specialist Securitize debuts new tokenized fund to bring AAA-rated collateralized loan obligations to the Ethereum blockchain. BNY will provide custody and fund services. Grove plans a $100 million anchor investment, pending governance approval. Securitize announced plans to go public as momentum for real-world asset tokenizations grows. Read full story Latest Crypto News What Bitcoin Chart Says About BTC Price After Powell Casts Doubt on December Cut? 1 hour ago Bitcoin Tumbles Back to $110K on Fed's Powell's Hawkish Comments 2 hours ago Fed Delivers Expected 25 Basis Point Rate Cut as Markets Await Powell’s Comments 3 hours ago Stellar Edges 1.5% Higher Breaking $0.32 Amid Institutional Accumulation 3 hours ago Analysts Expect Strong Q3 for Coinbase But Disagree Sharply on Its Future 3 hours ago Investment Bank Mizuho Says Visa Is Becoming the ‘Stablecoin of Stablecoins’ 4 hours ago Top Stories Fed Delivers Expected 25 Basis Point Rate Cut as Markets Await Powell’s Comments 3 hours ago Bitcoin Tumbles Back to $110K on Fed's Powell's Hawkish Comments 2 hours ago Michael Saylor's Strategy Drops $18B in Value, but a Rebound May Be Near: 10X Research 5 hours ago MegaETH Raises $450M in Oversubscribed Token Sale Backed by Ethereum Founders 4 hours ago Nvidia Hits $5T Market Cap as Bitcoin Now Trails U.S. Equities Year to Date 7 hours ago Georgia's ‘Shadow Ruler’ Is Trying to Claw Back a Bitcoin Fortune Worth $1B 7 hours ago