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Stripe Acquires Valora to Accelerate Stablecoin Payment Expansion

The global payment processor purchased crypto payment startup Valora to strengthen its presence in the stablecoin transaction market.

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Terms & Concepts
  • Stablecoin: A cryptocurrency pegged to the value of a stable asset, such as the U.S. dollar, to reduce price volatility.
  • Crypto payment startup: A company developing technologies that enable the use of cryptocurrencies for direct payments between parties.