Stripe completes $ 1.1 billion Bridge acquisition transaction, and is ready to vigorously promote stable currency

Panews News on February 5. According to CNBC reports, Paying Company Stripe officially completed the acquisition of the stable currency infrastructure Bridge on Tuesday on Tuesday, which cost 1.1 billion US dollars. This is the largest acquisition transaction in Stripe so far, marking its major layout in the field of stabilized currency.

The team of about 60 people in Bridge has completed the employment at the STRIPE headquarters in San Francisco. Bridge focuses on helping enterprises accept stable currency payment, while reducing the complexity of direct contact with digital assets. Its customers include Coinbase and SpaceX. Stripe supported Bitcoin in 2014, but ended related services at the end of 2018. The acquisition of Bridge allows it to optimize cross -border payment solutions and expand stable currency payment infrastructure.