Stripe plans to acquire stablecoin payments platform Bridge. Stripe CEO Patrick Collison and Bridge CEO Zach Abrams announced the plan in separate Monday (Oct. 21) posts on social platform X. Subject to closing conditions, the companies expect the transaction to close within months, Bridge said...
The stablecoin market is collectively worth north of $170 billion. That’s a large number. And with the news Monday (Oct. 21) that FinTech giant Stripe has reportedly acquired stablecoin platform Bridge for $1.1 billion, it’s becoming a harder one for the payments sector to ignore. Stripe...
Stripe, the FinTech giant, is reportedly in talks to acquire crypto startup Bridge for $1 billion, according to sources familiar with the discussions. This potential acquisition would be the largest to date for Stripe, which was recently valued at $70 billion. However, the deal is...
For nearly its entire history, cryptocurrency has been searching for a sustainable product-market fit. From payments to speculative investments to supply chain management, the blockchain landscape’s past has been littered with attempts but little long-standing impact. Now, crypto is circling back to try its hand...
July 04, 2024
Halfway through 2024, and the cryptocurrency and blockchain space finds itself at a critical juncture. It is the same critical juncture, or at least one strikingly similar, that the crypto and digital asset sector has always found itself at — a juncture where regulatory developments, interoperability and scalability, and institutional acceptance are at the forefront. […]
June 06, 2024
Open banking’s success in the United States — as with any ecosystem — will hinge on several factors, none guaranteed. But, with lessons learned from abroad, and with an incrementally...
April 24, 2024
Small businesses don’t want embracing modern technology to be a big, technical lift. After all, these Main Street-style companies are increasingly busy building out their growth plans and managing a...
December 07, 2023
The manufacturing sector is undergoing a significant transformation in its payment practices, with a growing emphasis on real-time payments. In fact, instant payments have emerged as the leading method for...
October 21, 2024
Stripe plans to acquire stablecoin payments platform Bridge. Stripe CEO Patrick Collison and Bridge CEO Zach Abrams announced the plan in separate Monday (Oct. 21) posts on social platform X. Subject to closing conditions, the companies expect the transaction to close within months, Bridge said in an article posted on X. https://t.co/Jtop2ZLNUp — Bridge (@Stablecoin) […]
October 18, 2024
Stripe, the FinTech giant, is reportedly in talks to acquire crypto startup Bridge for $1 billion, according to sources familiar with the discussions. This potential acquisition would be the largest...
October 10, 2024
In the first 24 hours of allowing its merchants to accept stablecoin payments for online transactions on its platform, Stripe reportedly saw that customers from more than 70 countries made...
October 09, 2024
Commerce technology firm FreedomPay launched a partnership with financial infrastructure platform Stripe. The collaboration aims to “unify commerce” by allowing businesses to use Stripe for online and in-person payments along...
