What Stripe’s Acquisition of Bridge Means for Fintech and Stablecoins (April 202
AI summary of the linked articleStripe completed its acquisition of stablecoin platform Bridge in February, its largest acquisition to date, which authors James da Costa and Sam Broner present as the payment industry's first big acknowledgement that stablecoins can go further mainstream. The article notes that stablecoins moved $15.6 trillion in value in 2024, putting their transaction volume on par with Visa's. Bridge offers orchestration, issuance and money transfer services for developers, and its current use cases include Starlink repatriating funds from Argentina sales. Stripe grew 38% in 2024, surpassing $1.4 trillion in total payments volume. |
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