Payments company Stripe is in talks to acquire Bridge, a stablecoins platform, according to undisclosed sources familiar with the potential deal.
Talks are ongoing and a definitive agreement has not yet been reached, so there is a possibility that either party could back out.
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Stripe's potential acquisition of Bridge comes at a time when the company plans to re-enter the digital asset market after a six-year hiatus from providing crypto payment services.
Earlier this year, Stripe co-founder John Collison announced plans to offer stablecoin services, explaining that transactions made through Stripe would be instantly settled and automatically converted to fiat.
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