Global $2.75B payments deal shows stablecoins moving into the rails they were meant to bypass
Nuvei agreed to buy Payoneer for $2.75 billion in cash in a deal centered on money movement through merchant acquiring, payouts, FX, cards, risk controls, and licenses. The companies also placed stablecoins inside that payment stack. That gives the deal its crypto significance: mainstream stablecoin use may run through processors that already own merchant relationships,...
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