Stripe acquires stablecoin platform Bridge for $1.1 billion! 💸
- This is the largest acquisition in the crypto industry in history.
- TechCrunch founder Michael Arrington announced on X, "This is done. $1.1 billion."
- Bridge offers software tools that allow businesses to receive payments in stablecoins.
Bridge founders:
- Zach Abrams: Former Coinbase Consumer President, founder of Evenly.
Sean Yu: Key engineering roles at Coinbase, Square, DoorDash, and Airbnb.
Stripe is growing rapidly in the crypto world. Share your thoughts in the comments! 🚀💬