Mastercard in Talks to Acquire Stablecoin Tech Firm Zerohash for Around $2 Billion: Fortune
Update: 2025-10-30
Description
Mastercard is reportedly in talks to buy stablecoin infrastructure company Zerohash for up to $2 billion, marking their second attempt this month to acquire a stablecoin-focused company. This move reflects the growing interest from traditional finance in stablecoin payments, with Payments companies like Stripe already investing heavily in the space. The stablecoin market is booming, with a total value of over $312 billion and expected to double in the next few years. Zerohash, a well-funded company with high-profile investors, provides services to major firms and recently partnered with Morgan Stanley for digital asset trading. If the acquisition goes through, it could signal a significant shift towards stablecoins in everyday transactions.
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