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International Business Times
International Business Times
Business
Marvie Basilan

UNBELIEVABLE: Stripe acquires stablecoin platform bridge for 1 billion techcrunch founder - Caught on Camera

Stripe co-founder John Collison announces that "crypto is back" at the Stripe Sessions 2024 event on Thursday, April 25, 2024. (Credit: Stripe Official YouTube Channel)

KEY POINTS

  • The acquisition is said to be the largest yet in the crypto industry's history
  • Crypto users welcomed the news, saying it will pave the way for more 'normies' onboard
  • Stripe recently resumed crypto support via $USDC on Ethereum, Polygon and Solana

Payments company Stripe, which recently broke its six-year cryptocurrency break, has completed its acquisition of stablecoin platform Bridge, according to TechCrunch founder Michael Arrington.

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