The acquisition of Bridge by Stripe confirmed

The American payment specialist Stripe Most recently confirmed the implementation of its last major strategic operation, taking the form of the acquisition of Bridge. This American company specializing in stablecoins payments now allows Stripe to further expand its range of payments services to businesses.

FACTS

• Stripe and the start-up specialist in U.S. cryptoactives and infrastructure supplier for stablecoins Bridge have just formalized the acquisition of the latter by the US payment giant.

• This is achieved while the two companies officialized their discussion of this project in October 2024. They are now finalizing this acquisition by Stripe.

• Stripe and Bridge will now be able to work on a joint project to integrate stables into Stripe's payment infrastructure and facilitate international transactions. Companies are the main target of the deployment of their common service.

• If the amount of this buy-back was not officially specified, $1.1 billion was advanced at the time of the opening of discussions between the two actors.

ISSUES

• A leading partner Bridge allows companies to accept stable payments from over 70 countries. In August 2024, prior to its acquisition by Stripe, Bridge.xyz raised $40 million to support its efforts to develop a stablecoin-based payment platform.

• Ensuring its position in a major market : The cryptoactive market is now considered a coveted market, in its own right, for the payment sector. A market on which Stripe has been seeking to position himself for several years, with great reinforcement of partnership and Deployment service.

PERSPECTIVE

• Stripe is far from being the only player in the payments market to want to position itself today on the cryptoactive market. In the United States, for example, it is the main schemes such as Visa and Mastercard that multiply initiatives to ensure that this major shift in the payments market is not missed.

• Their ambition obviously also concerns the stables. Visa presented for example Visa Tokenized Asset Platform (VTAP) in October 2024, a platform put at the service of banks to help them issue fiat currencies on the blockchain. Earlier, in September 2023, Visa wanted also accelerate cross-border payments with stables via the Solana blockchain.

• In August 2023, Mastercard launched For its part, the CBDC partnership program to stimulate sector collaboration.

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