Stripe's $1.1 Billion Acquisition of Bridge Signals Major Move into Stablecoins

The fintech giant aims to build leading stablecoin infrastructure, marking the largest crypto acquisition in its history.

Stripe's purchase of Bridge for $1.1 billion highlights the growing importance of stablecoins in global payments.
The acquisition is expected to close in the coming months, pending regulatory approvals.
Bridge provides software that enables businesses to integrate stablecoin payments, facilitating cross-border transactions.
This move is part of Stripe's broader strategy to reintegrate crypto payments, following its recent support for USDC.
The deal offers venture capitalists a significant exit opportunity, potentially reshaping investment strategies in the crypto space.