Stripe Acquires Stablecoin Platform Bridge in Record $1.1 Billion Crypto Deal

CN
5 hours ago

Payments company Stripe has acquired stablecoin platform Bridge in a $1.1 billion transaction, marking the largest acquisition in the crypto industry to date. Techcrunch founder Michael Arrington confirmed the news through a post on X, emphasizing the significance of this milestone deal. The acquisition of Bridge reflects Stripe’s growing commitment to cryptocurrency. Bridge offers software that enables businesses to accept payments in stablecoins, positioning Stripe to expand its presence in the digital asset space. As the biggest acquisition in crypto history, this deal highlights the increasing intersection of traditional finance and digital currencies. It could signal broader adoption of stablecoin-based solutions within mainstream financial services.

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