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Stripe's Billion-Dollar Bet on Stablecoins
COINCoinbase(COIN) The Motley Fool·2024-10-22 09:00

Stablecoins and the blockchain just got another big supporter.When the crypto bubble burst, it was seen as a sign that the blockchain's days were over. But that couldn't be further from the truth, and fintech company Stripe just signed a $1 billion deal to acquire Bridge, a stablecoin payment developer. In this video, Travis Hoium explains why this is huge for the blockchain and Coinbase (COIN -2.95%).*Stock prices used were end-of-day prices of Oct. 21, 2024. The video was published on Oct. 21, 2024. ...