Stripe, the global payment processing giant, is reportedly in advanced negotiations to acquire Bridge, a fintech startup specializing in stablecoin payments, in a potential deal valued at $1 billion. Bridge facilitates faster and cheaper cross-border payments using stablecoins like USDC and Tether.
This acquisition would enhance Stripe's cryptocurrency services and strengthen its presence in the stablecoin market, helping businesses handle global transactions more efficiently. However, the deal remains under negotiation and could still fall through.
