In its last Series A funding round, the company raised $40 million.
According to Bloomberg, payment processing giant Stripe is in talks to acquire Bridge, a fintech startup specialising in moving money using stablecoins, for $1 billion. The acquisition has not yet been finalised, and neither company has officially confirmed any move in this direction. However, if the acquisition goes ahead, Stripe will join other fintech giants entering the lucrative stablecoin industry.
Bridge supports payments from more than 70 countries and allows businesses to accept payments from anywhere using stablecoins.
