Post by José Ramón Gracia Gracia

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Stripe teaming up with a major investment firm to buy PayPal Holdings could create a major digital payments processor with muscle for future plays in #stablecoins and artificial intelligence. Stripe has reportedly locked arms with Advent International to buy PayPal for $53 billion, Reuters reported late Tuesday. The companies apparently made the bid for PayPal earlier this month, after an initial approach in April, Reuters reported. Spokespeople for Stripe and PayPal declined to comment Wednesday.

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