Infrastructure · October 21, 2024
Stripe confirms $1.1 billion acquisition of stablecoin platform Bridge
Price at event
$67,358
Today
$73,405
Since then
×1.1
Stripe confirmed it would buy stablecoin infrastructure startup Bridge for $1.1 billion, its largest acquisition ever and, at the time, the biggest crypto-related deal on record. CEO Patrick Collison called stablecoins "room-temperature superconductors for financial services," signaling that one of the world's largest payments companies now considered digital dollars core plumbing rather than a curiosity. The deal formally closed on February 4, 2025.
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