Why Mastercard is Acquiring a Stablecoin Company for $1.8B | CoinDesk Daily
CoinDesk Podcast Network
CoinDesk
4.7 • 698 Ratings
🗓️ 17 March 2026
⏱️ 3 minutes
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| 0:00.0 | Hey everyone, you're watching CoinDesk Daily. I'm your host, Jen Sanassi. |
| 0:09.8 | Discover Nexo, the premier digital wealth platform, now in the U.S. |
| 0:13.8 | Get started today at nexo.com slash coin desk. |
| 0:16.9 | MasterCard has agreed to acquire stablecoin platform bank for up to $1.8 billion, |
| 0:27.5 | aiming to connect on-chain payments with its global network for cross-border transfers, remittances, and B2B transactions. |
| 0:35.3 | The deal which follows failed talks between bank and Coinbase highlights MasterCard's growing push into digital assets as stable coin usage rises. |
| 0:38.5 | It's expected to close by year end pending regulatory approval. Banks infrastructure enables businesses to move money in seconds across more than 130 countries |
| 0:44.4 | and currently processes about $30 billion annually. Analysts say the acquisition will strengthen |
| 0:50.1 | MasterC's ability to bridge traditional finance and blockchain-based payments. |
| 0:54.5 | Solana Wallet Phantom has received a no-action letter from the CFTC, allowing it to offer users |
| 0:59.7 | access to certain regulated derivatives markets without registering as a broker. |
| 1:03.9 | The regulator said it won't pursue enforcement as long as Phantom acts as a non-custodial interface |
| 1:09.2 | connecting users to CFTC registered platforms under |
| 1:12.3 | specific conditions. Phantom called the decision first of its kind, enabling in-app access to regulated |
| 1:18.2 | derivatives and potentially setting a precedent for other crypto wallet providers. And Sam Altman's |
| 1:23.3 | World Coin is partnering with Coinbase to help verify that AI-driven transactions are backed by real humans. |
| 1:29.2 | The company has launched Agent Kit, a tool that lets AI agents carry cryptographic proof of unique human identity using World ID, |
| 1:36.7 | aiming to make them trusted participants in the digital economy. |
| 1:39.9 | Integrated with Coinbase and CloudFlare, the system supports stablecoin micropayments and uses zero knowledge proofs to link multiple agents to one person, positioning identity as a key layer for the future of AI powered commerce. |
| 1:52.5 | That's our app for CoinDesk Daily. Get more updates on CoinDesk.com and we'll see you next time. |
| 1:57.6 | Introducing Nexo, the premier digital wealth platform, earn interest, borrow, |
| 2:02.2 | and exchange crypto all in one platform. Now in the U.S. with 30 days of exclusive benefits, |
... |
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