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Stripe to Launch Stablecoin Product Powered by Bridge Acquisition
Stripe to Launch Stablecoin Product Powered by Bridge Acquisition
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Stripe, the financial technology giant known for its crypto-friendly payment solutions, is developing its first stablecoin-focused financial product. CEO Patrick Collison revealed the decade-long ambition via social media, signaling a strategic push into digital asset infrastructure.
The move follows February’s $1.1 billion acquisition of Bridge, a stablecoin infrastructure provider now central to Stripe’s crypto ambitions. market observers note the timing aligns with growing institutional demand for compliant stablecoin rails.
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