Stripe has finalized a $1.1 billion deal to acquire Bridge, a stablecoin platform, marking a strategic move to enhance its cryptocurrency operations in the digital payments space.
Bridge aims to be the blockchain version of Stripe, offering a global integration system for developers, with notable customers including SpaceX and Coinbase.
The acquisition aligns with Stripe’s efforts in 2023 to broaden its services to include cryptocurrency payments via Circle's USDC stablecoin, bridging traditional finance with blockchain technology.
Founded by alumni from Square and Coinbase, Bridge has raised significant funding and showcases the growing trend of integrating cryptocurrencies into mainstream payment systems.
Collection
[
|
...
]