Stripe Launches Stablecoin Feature with $1.1 Billion Bridge Acquisition

Payment giant Stripe has launched Stablecoin Financial Accounts, marking a significant step towards enhancing global payment flexibility. This innovation was made possible by the company’s acquisition of Bridge in October 2024 for $1.1 billion. This move expands Stripe’s payment services globally to 101 countries and offers businesses greater control over currency conversions.