The stakes are high because AI agents, which will likely account for a large share of internet commerce, including some in the form of tiny micropayments, could completely reshape the web. “It may seem nerdy […]
“If Stripe owns PayPal, Bridge becomes the shared infrastructure layer under PYUSD, OpenUSD and Tempo. That’s infrastructure consolidation, not token competition, and it’s a much bigger deal than the acquisition headline suggests.” That sort of […]
Payments giant Stripe offered to buy PayPal (PYPL) in a deal worth $53 billion, the Financial Times reported on Wednesday. San Francisco-based Stripe made the $60.50-a-share offer in tandem with private equity firm Advent International, […]
Payments giant Stripe has jointly made a $53 billion offer to acquire PayPal amid growing consolidation in the stablecoin sector. The joint move, which includes private equity firm Advent International, would acquire PayPal at $60.50 […]
Key Takeaways Stripe and Advent bid $60.50 a share for Paypal per Bloomberg, valuing the fintech above $53 billion. The offer is backed by roughly $50 billion in committed bank financing, with the pair holding […]
Stablecoins keep inching closer to the part of crypto that matters most in the long run: actual usage. Stripe’s move to support merchant settlement using USDC on Solana is another reminder that the payments story […]
Another stablecoin? Not quite. Open USD is being pitched as a new standard for digital dollars, and the cast backing it is the sort of thing that makes product roadmaps and board decks change overnight. […]
Key Takeaways Open Standard launched Open USD on June 30 with more than 140 partners including Visa. Coinbase, Stripe and Mastercard back the coin, which charges no mint or redeem fees. Open USD goes live […]
The stablecoin world has long been led by just a few big names. But that could change soon as major payment firms step in with fresh ideas. What Is Happening in the Stablecoin Space Stablecoins […]
Key Takeaways Visa, Mastercard, and Stripe are reportedly backing a new joint stablecoin platform, per a June 3 Coindesk report. Visa’s stablecoin settlement pilot has reached $7B in annualized volume, with cards live in 18 […]
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