Oct 21, 2024
Oct 21, 2024
Stripe acquires Bridge, a stablecoin platform, for $1.1 billion, the largest deal in crypto history.
Founded by ex-Coinbase execs, Bridge offers tools for global stablecoin payments.
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Bridge's valuation soared from $200 million after raising $58 million to a $1.1 billion acquisition.
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Stripe processes $1 trillion in 2023 and enables stablecoin payments across 70 countries.
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Stripe's acquisition drives stablecoin adoption, signaling a new era in crypto payments.
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