Fintech Firm Stripe Has Reportedly Acquired Stablecoin Platform Bridge For Over a Billion Dollars

Stripe has reportedly spent $1.1 billion (roughly Rs. 9,248 crore) to acquire Bridge, a stablecoin platform that enables the issuance of stablecoins. Multiple reports have described this acquisition as the largest to date in the Web3 space.Stripe has reportedly spent $1.1 billion (roughly Rs. 9,248 crore) to acquire Bridge, a stablecoin platform that enables the issuance of stablecoins. Multiple reports have described this acquisition as the largest to date in the Web3 space.