Stripe Expands into Crypto by Acquiring Wallet Provider Privy After Securing $1.1 Billion in Stablecoin Funding

Stripe Expands into Crypto by Acquiring Wallet Provider Privy After Securing $1.1 Billion in Stablecoin Funding

Stripe's recent acquisition of Privy marks a crucial advancement in the enhancement of the global digital financial infrastructure and the facilitation of cryptocurrency adoption.

This development follows Stripe's substantial $1.1 billion deal involving stablecoins, indicating the company's commitment to expanding its offerings in the fintech space.

The announcement regarding Stripe's acquisition of the crypto wallet provider Privy was initially reported by Crypto Briefing.

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