🚨📢 : Stripe intends to acquire the cryptocurrency wallet company Privy, following its acquisition of the stablecoin platform Bridge for $1.1 billion.

- This move comes in the wake of Stripe launching a new feature for managing funds using US dollar stablecoins. This acquisition follows a wave of traditional banks and financial institutions looking to enter projects related to cryptocurrencies, with particular interest in US dollar-pegged stablecoins.