When the crypto bubble burst, it was seen as a sign that the era of blockchain was over. But that couldn’t be further from the truth, as fintech company Stripe just signed a $1 billion deal to acquire stablecoin payments developer Bridge. In this video, Travis Hoium explains why this is huge for blockchain and Coinbase (NASDAQ: COIN).
*Stock price uses the closing price on October 21, 2024. The video was released on October 21, 2024.
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See 3 “Double Down” stocks »
*Stock Advisor will return as of October 21, 2024
Travis Hoium has positions in Airbnb and Coinbase Global. The Motley Fool has positions in and recommends Airbnb, Bitcoin, and Coinbase Global. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may receive compensation for promoting its services. If you choose to subscribe through the link, they will earn additional money to support the channel. Their opinions are their own and are not influenced by The Motley Fool.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
