[…] Another recent indication of the momentum of stablecoins is Stripe’s acquisition of the stablecoin platform Bridge for $1.1 billion in October 2024. Representing Stripe’s largest acquisition, Bridge will allow Stripe’s customers to incorporate stablecoins into their payment platforms. In April 2024, ahead of announcing the Bridge deal, Stripe co-founder and President John Collison said, “We’re seeing crypto finally make sense as a means of exchange.” […]