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Stripe bids for PayPal

Stripe is pursuing a $53 billion acquisition of PayPal with stablecoin integration as the central strategic goal.

2 entriesThu, Jul 16 – Sat, Jul 18Institutional Transition

Timeline

  1. Sat, Jul 18Latest

    Stripe Acquires Bridge for $1.1 Billion and Launches Tempo Permissioned Blockchain

    Stripe completed its $1.1 billion acquisition of Bridge and launched Tempo, a permissioned blockchain designed for stablecoin payments infrastructure. The acquisition and chain launch follow Stripe's previously reported $53 billion acquisition offer for PayPal, with both moves framed around consolidating stablecoin payment rails.

  2. Thu, Jul 16

    Stripe Makes $53 Billion Offer to Acquire PayPal With Stablecoin Integration as Strategic Goal

    Stripe submitted a $53 billion acquisition offer for PayPal, with the stated aim of unifying the two companies' stablecoin efforts into a combined payments infrastructure. A Polygon executive separately commented that the deal could accelerate a broader shift toward blockchain-based money movement.