According to TechCrunch founder Michael Arrington, payments firm Stripe acquired stablecoin platform Bridge for $1.10 billion.
Bridge, Stripe's largest acquisition to date and the largest in crypto history, raised $58 million from investors at a previous valuation of $200 million.
Bridge provides software that helps businesses accept stablecoin payments, marking an expansion of Stripe's cryptocurrency adoption efforts.
Stripe Acquires Stablecoin Platform Bridge for $1.10 billion
2024-10-20 23:06:13
TechCrunch founding michael arrington michael arrington payments companydesk3cryptocurrencydesktopCrypto News
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