PayPal (PYPL) jumps 7% as Stripe reportedly weighs acquisition. Here is what it means for crypto
CoinDesk
by Krisztian SandorFebruary 24, 2026
AI-Generated Deep Dive Summary
PayPal (PYPL) shares surged 7% after Bloomberg reported that Stripe is exploring a potential acquisition of all or part of PayPal's business. This news comes amid both companies' growing interests in stablecoins and blockchain technology. If finalized, the deal would unite two major payment processors with significant crypto ambitions, potentially reshaping the fintech landscape.
Stripe, valued at $159 billion and processing $1.9 trillion in transactions last year, has been expanding its presence in crypto. In 2024, it acquired Bridge for $1.1 billion to bolster its stablecoin offerings. Stripe is also collaborating with Paradigm on Tempo, a payments-focused blockchain in development. PayPal, meanwhile, launched PYUSD in 2022, a dollar-backed stablecoin that has since grown to a
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Originally published on CoinDesk on 2/24/2026