Stripe in $1.1B Acquisition Deal for Stablecoin Platform
13 hours ago · Looking to advance its cryptocurrency ambitions, payments processor Stripe has finalized a deal to buy stablecoin platform Bridge for $1.1 billion, according to a Sunday X post from TechCrunch ...
Stripe Confirms Plans to Acquire Stablecoin Platform Bridge
8 hours ago · 2:00. Stripe Inc. co-founder and Chief Executive Officer Patrick Collison confirmed in a X post on Monday that the payments company plans to buy stablecoin startup Bridge. The deal, first reported ...
Stripe Co-Founder Vows to Build the World's Leading Stablecoin ...
6 hours ago · Stripe’s acquisition of Bridge comes as stablecoin adoption reaches a tipping point. In recent months, global financial leaders like Visa and SWIFT have begun supporting stablecoin transactions ...
Stripe Acquires Stablecoin Platform Bridge in Record $1.1 Billion …
19 hours ago · Mon, Oct 21, 2024, 3:47 AM EDT 1 min read. Stripe Acquires Stablecoin Platform Bridge in Record $1.1 Billion Deal. Fintech giant Stripe has acquired stablecoin platform Bridge for $1.1 billion ...
TechCrunch founder says Stripe has acquired Bridge for $1.1B
1 day ago · Update (Oct. 21 at 3:13 am UTC): Sources at Stripe say the deal hasn’t gone through but would not go on record. Payment processing giant Stripe has reportedly acquired stablecoin platform Bridge ...
Stripe looks to build ‘world’s best stablecoin infrastructure’ after ...
1 day ago · Payments company Stripe is set to acquire stablecoin platform Bridge in a deal the companies say will “accelerate the adoption and utility of tokenized dollars.”. The transaction is subject to regulatory approvals and is expected to close in the coming months, Bridge noted in a Monday blog post. TechCrunch founder Michael Arrington reported ...
Stripe to buy stablecoin company Bridge for reported $1.1 billion
7 hours ago · Stripe is considering paying $1.1 billion to buy Bridge, Forbes reported last week, although a Stripe spokesperson would not confirm the value of the deal to Payments Dive or say when it will be finalized on Monday. The payments firm — which has dual headquarters in San Francisco and Dublin, Ireland -— will purchase San Antonio, Texas-based ...
Number of Stablecoin Holders Nears 100M Mark, Data Show
Apr 24, 2024 · Stablecoin use cases A 2022 report by the Federal Reserve said stablecoins could be used for several purposes, including cross-border payments, internal fund transfers, and liquidity management...
Stablecoin Market Starts Expanding as Tether [USDT] Hits All ... - CoinDesk
Dec 5, 2023 · Stablecoin market cap expanded for the first time since May 2022, with Tether's USDT being the main beneficiary, rising to an all-time high supply of nearly $90 billion.
US congressional committee advances stablecoin bill | Reuters
Jul 28, 2023 · July 27 (Reuters) - The U.S. House Financial Services committee on Thursday advanced a bill to establish a federal regulatory framework for stablecoins, a type of cryptocurrency typically pegged...
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