What Stripe’s Purchase of Bridge Means for Stablecoins in the U.S.

After rumors swirled over the weekend, we now know that it is official: payments processing company Stripe has acquired stablecoin platform Bridge for $1.1 billion. For Stripe, which was valued at $70 billion earlier this year, the Bridge deal marks its largest acquisition since it was founded in 2010. Bridge was founded in 2022 to … Continue reading What Stripe’s Purchase of Bridge Means for Stablecoins in the U.S.