[Stripe Acquires Valora Team to Expand Stablecoin Services] Stripe has acquired the team of crypto startup Valora to expand its stablecoin services. Valora founder Jackie Bona announced on Wednesday that the team will be joining Stripe, though the terms of the deal and specific number of people involved were not disclosed. Bona stated that Stripe's acquisition does not include the intellectual property behind Valora's technology. The Valora app will return to its parent company cLabs, which will continue to oversee Valora's future development.
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