Mastercard Plans to Acquire Zero Hash for $2 Billion

Mastercard is in talks to acquire Zero Hash for $2 billion.

Stablecoins, which have become an important focus for advanced payment systems, are structured to be tied to fiat currencies. Global payment flows are expected to reach $1 trillion by 2030.

Zero Hash is a company specializing in stablecoin payment infrastructure. Last September, it raised $104 million in a funding round led by Interactive Brokers and Morgan Stanley.