Stripe ended with the purchase of $ 1.1 billion in StableCoin Platform Bridge. This marks the largest acquisition and specific pushes to the cipher.
In 2022, coin -based and square graduates Zack Abrams, Sean Yu, San Antonio, and bridges in Texas were jointly established. According to Pitchbook, this pair has collected $ 58 million from investors such as Index Ventures and Sequoia Capital. When he procured $ 40 million in 2024, he was evaluated as $ 200 million.
With this acquisition, Stripe is obviously giving a big betting.
In the post of X on February 5, Patric Collison, a co -founder and CEO of Stripe, wrote: For the next few years, the money that everyone travels in a program is probably want a StableCoin strategy. “
In July last year, Stripe made a cryptographic purchase with the EU, and in October, Fintech announced a salary with the Crypto function that could accept StableCoins.