đ Stripe Strikes Gold: Acquires Stablecoin Platform Bridge for $1.1B! đ°
- Payment giant Stripe has reportedly acquired stablecoin platform Bridge for a whopping $1.1 billion, according to TechCrunch founder Michael Arrington.
- This marks Stripe's largest acquisition to date, adding a shiny new feather to its $70 billion cap.
- The deal follows Stripe's recent foray into stablecoin payments, integrating Circle USD (USDC) on its main platform.
- Bridge, founded by ex-Coinbase execs, aims to revolutionize payments with stablecoins, challenging traditional systems like SWIFT.
Stay tuned for more crypto magic!
