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News Explorer — Stripe's Acquisition of Bridge Shows Importance of Stablecoins: Bernstein

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Oct 22, 4:32 pm
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Stripe's Acquisition of Bridge Shows Importance of Stablecoins: Bernstein

The acquisition of Bridge by Stripe for $1.1 billion validates the importance of stablecoins for global cross-border transactions. Stablecoins are becoming systemically important, with over $160 billion digitized on blockchains and monthly settlement volumes exceeding $1 trillion.

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