Stripe is enhancing stability by acquiring the Valora team.

Stripe aims to enhance its blockchain and stablecoin integration by integrating the team from the crypto payment application Valora.

Stripe has recently acquired crypto firms such as Bridge and Privy, and is in the development phase of the Tempo blockchain for stablecoin payments in collaboration with Paradigm.

Valora is built on the Celo network and became an independent company in 2021 after receiving a $20 million investment.