Bitcoin’s Trump Bump, Stripe Makes Big Crypto Play
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Fntech unicorn Stripe is looking to acquire Bridge.
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Stripe Wants In On Stablecoins
If completed, the deal to buy Bridge would be the largest in Stripe’s history at $70 billion. It also comes after the company reentered the crypto industry after a multiyear absence. After first accepting crypto payments in 2014, the firm stopped in 2018 due to technical difficulties and high transaction rates. Stripe only restarted them in October. Acquiring the startup would provide a backbone for the company to venture more deeply into stablecoins, cryptocurrencies…
