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Stripe’s $1B Bridge Deal Sparks Fintech Crypto Shift
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Subscribe24 OCT 2024 / FINANCE
Online payment giant, Stripe, founded by billionaire brothers John and Patrick Collison, has acquired stablecoin infrastructure company, Bridge for $1.1 billion. The acquisition comes as major financial institutions and regulators are increasingly paying attention to stablecoins, and it aligns with Stripe's strategy to fully unlock the potential of stablecoins in the future of digital payments.
Is Stripe eyeing for a crypto breakthrough? Valued at $65 billion earlier this year, Stripe—founded in 2010 by billionaire brothers John and Patrick Collison—has become one of the most valuable private startups in the U.S. Stripe is a very familiar name i...
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