In October, the payments firm acquired stablecoin payment platform Bridge for $1.1 billion after integrating Avalanche’s layer-1 blockchain earlier in the year.
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Payments Giant Stripe to Acquire Crypto Wallet Tech Firm Privy
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Stripe’s acquisition of Privy in June 2025 comes after Stripe’s acquisition of the stablecoin infrastructure firm Bridge for $1.1 billion in October 2024.
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Stripe launched Stablecoin Financial Accounts, a feature that allows businesses to hold their balances in stablecoins and gives them the option to receive funds on both crypto and fiat rails, following Stripe's aquisition of Bridge in October 2024.
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