Stablecoin-based payment platform#Bridgehas been acquired by Stripe for a valuation of 1.1B - becoming the largest M&A deal in the cryptocurrency market.

Those who have been on Twitter must have heard of Stripe when they had to create a Stripe account to receive Payments.

Bridge provides software that helps businesses accept payments in Stablecoins and this deal also signals that Stripe has officially entered the crypto market. Bridge previously raised capital from Sequoia, Ribbit, Haun with the last round valued at $500M.

✅Special thing: Bridge built by 2 Ex-Coinbase 👀 $BASE