Tag: Bridge

source: coinmarketcap.com

Stripe Unveils Open Issuance, A New Tool for Businesses to Launch Stablecoins

Quick Breakdown  Stripe launches Open Issuance, a stablecoin-as-a-service platform enabling businesses to issue tokens with ease. Reserves backed by major asset managers, including BlackRock and Fidelity, with infrastructure from Bridge. Part of a growing crypto-as-a-service trend, alongside Binance and Coinbase initiatives, as stablecoins and AI converge. Global payments giant Stripe ...

source: theblock.co

Stripe Acquires Stablecoin Platform Bridge for $1.1 Billion

Payment processing giant Stripe has completed its acquisition of the stablecoin payments platform Bridge for $1.1 billion, according to TechCrunch founder Michael Arrington. Earlier reports indicated that Stripe had been in talks with the Texas-based Bridge platform, which specializes in stablecoin services, to bolster its crypto offerings. While both companies ...

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