The acquisition, potentially Stripe’s largest to date, would come as the $70 billion fintech highflyer makes a bigger push into stablecoin payments.

The deal, one of the largest in crypto history, follows Stripe announcing stablecoin support earlier this month.

Stablecoins have emerged as the main use case for blockchains, especially for cross-border payments, the report said.

Stripe just bought the stablecoin platform Bridge for $1.1B, making this the largest crypto acquisition. How will this impact stablecoins?

Stripe is in talks to acquire crypto startup Bridge for $1 billion, expanding its stablecoin and crypto payment capabilities

Stripe will buy stablecoin infrastructure provider startup Bridge, the fintech said in a tweet on Monday without disclosing the deal value. The deal is valued at $1.1 billion, Forbes reported last week,

Irish financial technology company Stripe is acquiring stablecoin platform Bridge for $1.1 billion U.S. as it tries to advance its cryptocurrency offerings. Privately held Stripe has finalized the deal to purchase Bridge,

The latest payment giant to advance stablecoin adoption is Stripe, which announced the acquisition of start-up Bridge on Monday. The $1.1 billion acquisition was originally announced on Sunday by TechCrunch founder Michael Arrington on X and later confirmed by both Stripe and Bridge.