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News Explorer — Stripe Acquires Stablecoin Platform Bridge in $1.1 Billion Deal: Report

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Oct 21, 1:58 pm
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Stripe Acquires Stablecoin Platform Bridge in $1.1 Billion Deal: Report

Stripe has acquired Bridge, a stablecoin platform, for $1.1 billion, marking one of the largest takeovers in crypto history. Bridge, founded in 2022, processes $5 billion in annual payment volume and aims to rival global payment networks like Swift and Mastercard.

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