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Stripe Buys Stablecoin Platform Bridge for $1.1 Billion
- Stripe has acquired stablecoin platform Bridge for $1.1 billion in the largest acquisition in the crypto industry.
- Stripe's interest in crypto stems from its desire to offer fast and affordable payment options.
- The acquisition enables Stripe to expand into the crypto space and simplify stablecoin transactions.
- This deal highlights the growing significance of crypto in the financial world.
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