Stripe $1.1 Billion Bridge Deal Validates Stablecoin Growth, Says Bernstein

The recently confirmed acquisition of stablecoin payment platform Bridge for $1.1 billion by U.S. payment processor Stripe validates the growing importance and legitimacy of stablecoins as a use case for public blockchains—particularly for global cross-border transactions, according to Bernstein. “Stablecoins have become systemically important, now the 18th largest holder of U.S. Treasury... source: https://decrypt.co/287730/stripe-bridge-deal-validates-stablecoins-bernstein