Odaily Planet Daily News Payment company Stripe Inc. is in advanced negotiations to acquire fintech platform Bridge. People familiar with the matter revealed that Stripe has been in talks to acquire the company, and no final decision has been made yet, and either party may still withdraw from the transaction. A representative for Stripe declined to comment. Bridge CEO Zach Abrams did not respond to multiple emails requesting comment. Bridge's platform is designed to allow businesses to create, store, send and accept stablecoins such as Tether's USDT and Circle's UDSC. According to Fortune magazine in August this year, the startup has raised a total of US$58 million, with investors including Sequoia, Ribbit Capital, Index and Haun Ventures. Sequoia led Bridge's recent US$40 million Series A round of financing, and at the time also emphasized the market opportunities for stablecoins, which were created in part by the initiatives of companies such as Stripe. (Bloomberg)