Stripe, the payments giant, has announced the acquisition of Bridge, a company at the forefront of stablecoin-enabled financial solutions. The acquisition signals a bold move by Stripe to expand its influence in the rapidly growing stablecoin market. Speaking of the acquisition Co-Founder of Stripe Patrick Collison said

Payment processing giant Stripe has finalized a monumental $1.1 billion acquisition of the stablecoin platform Bridge, as reported by TechCrunch founder Michael Arrington. This deal marks a significant expansion for Stripe into the cryptocurrency domain,

The deal, one of the largest in crypto history, follows Stripe announcing stablecoin support earlier this month.

Fintech Stripe has reportedly acquired stablecoin platform Bridge for $1.1 billion, according to an update shared via social media.

Bridge, which has raised $54 million in funding, previously said it aspired to become the blockchain version of Stripe, operating a global system in which other developers could integrate.

Payments giant Stripe has reportedly acquired stablecoin platform Bridge for $1.1 billion, marking a significant move in the company's expansion into cryptocurrency services

Stripe Inc. co-founder and Chief Executive Officer Patrick Collison confirmed in a X post on Monday that the payments company plans to buy stablecoin startup Bridge.

Stripe has reportedly completed the acquisition deal of Bridge, a stablecoin platform, just about two weeks after the payments firm returned to supporting crypto through the $USDC stablecoin.

Infrastructure payments firm Stripe has finalized a deal to acquire startup stablecoin platform Bridge for $1.1B, CoinDesk reported M