Stripe in Talks to Acquire Stablecoin Startup Bridge Expanding Cryptocurrency Payment Landscape
According to reports from insiders cited by Forbes, payment processing giant Stripe is in talks to acquire the startup company Bridge. Bridge is a provider of encrypted stablecoin infrastructure, and it is reported that the acquisition amount could reach as high as $1 billion. However, as the details are still under discussion, either party may withdraw, making this potentially Stripe’s largest acquisition to date.