Reports Forbes of being in advanced talks for acquisition of the stablecoin platform Bridge, which will peg at $1 billion.

Co-founded by Coinbase alumni Zach Abrams and Sean Yu, it has developed an API that makes it possible for companies to accept stablecoins. The duo raised $58 million from investors such as Index Ventures and Sequoia Capital, according to PitchBook. If this deal goes through with Stripe, it will be a giant leap for Bridge, which was valued at $200 million, as well as Stripe's largest acquisition ever.

Stripe has openly declared that crypto is actually one of its largest focuses for the company. As proof, it rolled out crypto purchases in the EU back in July, and it's not long ago that Stripe announced a Pay with Crypto feature that will enable merchants to take stablecoins.