Payments giant Stripe reportedly mulling PayPal acquisition

Bloomberg reported that Stripe — which has growing stablecoin and blockchain ambitions — is exploring a deal for the embattled fintech. What to know : Stripe is considering a bid for all or parts of PayPal's business, Bloomberg reported. A deal would marry two payment processing firms with growing interest in stablecoins and crypto rails. Already higher this week on buyout rumors, PYPL shares rose another 7% on the news.