Stripe In Talks To Acquire Crypto Firm For $1B
Looks like Stripe’s ready to jump back into crypto, reportedly in the final stages of negotiating the acquisition of Bridge.
Bridge is big on stablecoins - think $USDC , Tether - and they’ve already processed $5B+ in payments.
Stripe’s been quiet since ditching the scene in 2018, but now they’re back in the game, stacking up infrastructure for cross-border payments.
Big moves from a $70B fintech OG. Keep your eyes on this one.
Source: Forbes & Mario Nawfal