Stripe's significant acquisition of Bridge underlines the increasing recognition of stablecoins as a viable tool in international transactions.

Stripe's Acquisition of Bridge

Stripe has entered into a $1.1 billion deal to acquire Bridge, a stablecoin platform. This acquisition marks the largest crypto-related deal for a leading payment company, affirming the strategic importance of stablecoins in developing international payment solutions.

Cost-effectiveness of Stablecoins

According to Bernstein analysts, US dollar-denominated stablecoins have proven to be the most affordable method for international transfers. Transaction costs range from 1 to 2 basis points, making them more cost-effective compared to traditional financial systems.

Prospects and Challenges for the Banking Sector

Bridge is developing API software solutions for integrating stablecoin payments into existing company payment infrastructures. These innovations imply significant changes for the banking sector, where traditional banking operations yield to decentralized solutions.

Stripe's acquisition of Bridge demonstrates the acceleration of stablecoin integration into everyday operations. This creates new business prospects and challenges the banking sector to adapt to new conditions.