Mastercard Acquires BVNK, JPMorgan Predicts Altcoin Lag

Mastercard's acquisition of BVNK represents a major move into the stablecoin market, with the UK-based company providing infrastructure covering over 130 countries. The deal is valued at $1.8 billion, including performance-based earnout payments.

JPMorgan analysts have released a new research note suggesting that Ethereum and altcoins will struggle to keep pace with Bitcoin due to three key structural weaknesses: weak network activity, stagnation in the DeFi ecosystem, and limited real-world adoption scenarios.