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.

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.

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

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 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