The deal will include $300 million in contingent payments.

Payments giant Mastercard continues with its pro-crypto endeavors, announcing a major acquisition of the stablecoin infrastructure provider BVNK for $1.8 billion.

The move followed another major expansion from last week, when Mastercard tapped Ripple, Binance, PayPal, Circle, and other crypto companies in an attempt to bridge the gap between traditional finance and blockchain.

Mastercard’s Big Acquisition

The definitive agreement for $1.8 billion, including $300 million in contingent payments, will expand Mastercard’s end-to-end support of digital assets and value movement across currencies, rails, and…