Stripe bets on stablecoins: acquires Bridge for $1.1 billion

Stripe has announced the acquisition of Bridge, a startup specializing in stablecoins, for $1.1 billion. This move highlights the strategic interest of major fintech companies in blockchain technology as a foundation for new financial products. Stablecoins represent a unique opportunity to enhance international payments and reduce operational costs, an area where companies like Stripe aim to innovate and position themselves as leaders in an increasingly competitive digital market.