Stripe Advent make 53 billion takeover

offer for PayPal sending stock soaring.

Okay, of course the stock is soaring

because PayPal stock has traded like a

heaping dumpster fire. So, what's most

interesting here I think is it's the

company that quietly passed PayPal

already, which is Stripe, is now trying

to buy it. They just put 53 billion

dollars on the table for the name that

used to define online payments entirely.

But like I said, that used to trade at

360 billion dollars in 2021. So, it's

very public that this offer has been

made, but we've seen nothing from PayPal

that there's actually any interest in

this happening, but we've seen that

story before. I believe we saw it when

Elon Musk took over X that it wasn't

really on the table and he got it

anyways. But this will be an interesting

story to track because these are two

absolute payment giants. They've both

made massive moves into the stablecoin

space and now that could be entirely

consolidated as competition against the

stablecoins that we've come to know.