Stripe and Advent Bid $53 Billion for PayPal, Linking Two Stablecoin Players - Unchained
The offer values PayPal at a 28% premium and would fold its PYUSD stablecoin into Stripe’s fast-growing crypto-payments push, though PayPal has been reluctant to engage. Posted July 15, 2026 at 2:01 pm. . .
The offer values PayPal at a 28% premium and would fold its PYUSD stablecoin into Stripe’s fast-growing crypto-payments push, though PayPal has been reluctant to engage. Posted July 15, 2026 at 2:01 pm EST. Payments companyStripehas offered to buyPayPalfor$53 billion, teaming with private-equity firmAdvent Internationalon a bid that would bring together two of the companies pushing stablecoins into mainstream payments, according to Reuters. Stripe and Advent offered$60. 50 a share, about a28% premiumto PayPal’s close of$47. 37on Tuesday, Reutersreported, citing two persons familiar with the matter. PayPal has not responded to the offer, according to the report. The New York-listed company’s stock jumped over17%to a high of $55. 63 on the news. A Stablecoin AngleBoth companies sit among the mainstream financial firms wiring stablecoins into everyday payments. PayPal issuesPYUSD, which ranks eighth by market cap among stablecoins at about$2. 84 billion, according to data fromCoinGecko. Stripe built its early stablecoin work around Circle’sUSDCand itsBridgeunit, then moved to offer blockchain services more directly,developing its own networkcalled Tempo. It also signed on toOpen USD, a rival stablecoin effort backed by Mastercard, Visa and BlackRock. Buying PayPal would pullPYUSDand its user base into that effort. Related Listen:Crypto Has Seen Drama Over ENS, BonkDAO and VVV. What Does DeFi’s Future Look Like?AI-assisted content:This article was produced with the assistance of AI tools and was reviewed, edited, and fact-checked by a member of the Unchained editorial team before publication.