hold or not - Stripe Secures $1.1B Bridge Stablecoin Payment Push

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LIVE UPDATES • Stripe Secures $1.1B Bridge Stablecoin Payment Push • Plus Wallet Offers Advanced Security & Ease of Use! Insights on LINK & Crypto.com! • BlockDAG Fuels Hype with Extended 50% Bonus While Dogecoin and Dogwifhat Face Setbacks • Catch the Crypto Fever: Solana Soars, Polkadot Struggles, and BlockDAG’s $600M Countdown Begins • XRP price prediction: ‘Giga Pump’ To Set Course For $4 ATH, But This Ethereum Token Will Outperform It By 30,000% • This Could Be Your Last Chance To See Uptober Riches: Sui (SUI), IntelMarkets (INTL) & Cardano (ADA) Are the Altcoins To Watch • Analysts Predict Qubetics to Hit $15 After Mainnet Launch as MinePro Presale Gets Traction, Immutable X Focuses Gaming • Yuga Labs’ Ethereum Layer 2 ApeChain Is Now Live • Binance Exec Tigran Gambaryan Called for Rescue by US • Pump.fun Token Launch Revealed Coming Soon

News Stripe Secures $1.1B Bridge Stablecoin Payment Push 1 min - Around 2 mins mins to read

Key Points:

Stripe is in advanced talks to acquire the stablecoin platform Bridge for a massive $1 billion, marking its largest acquisition ever.

Co-founded by Coinbase alumni, Bridge raised $58M from top investors like Sequoia Capital, with a valuation jump from $200M if the deal goes through.

According to Forbes, Stripe is in advanced discussions about buying the Bridge stablecoin payment for $1 billion.

Stripe in Advanced Talks to Acquire Bridge for $1 Billion

Co-founded by Coinbase alumni Zach Abrams and Sean Yu, Bridge stablecoin payment has made some of the most recent headlines in Fintech for building an API to enable firms to accept stablecoins easily. According to PitchBook, a recent fundraising round of $58 million includes the well-noted Index Ventures and Sequoia Capital among the two venture capital investors.

If the acquisition goes through, that would be a giant leap from its current valuation of $200 million, putting Bridge stablecoin payment in one of the leading spots within the burgeoning crypto payment space.

Read more: Stripe Crypto Integration Now Supports EU Customers

Stripe Strengthens Commitment to Cryptocurrency with New Acquisition

For Stripe, this would be a deal that underlines the company’s growing commitment to cryptocurrencies and blockchain technologies. This July saw Stripe launch crypto purchases across the EU, and just this month, the Pay with crypto feature—which allows merchants to accept stablecoin payments—was launched on the platform. Such moves hint at Stripe’s determination to stay at the forefront of FinTech innovation and cash in on the swelling demand for digital currencies.

The acquisition of Bridge stablecoin payment would further cement Stripe as a leader in the evolving crypto ecosystem, where stablecoins are fast becoming an integral part of online payments. The pending deal can open ways for businesses all over the world to start integrating stablecoin transactions seamlessly into their platforms for faster, more secure methods of payment.

Bridge Stablecoin Payment Stablecoin Payment Stripe

Author Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

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Stripe Secures $1.1B Bridge Stablecoin Payment Push