Payment processing giant Stripe has reportedly acquired stablecoin platform Bridge in a $1.1 billion deal, according to TechCrunch founder Michael Arrington. The deal had been in “advanced stages” from at least Oct. 17, according to reports at the time, which representatives from both organizations did not address. “This deal is done. $1.1b,” Arrington wrote in an Oct. 20 X post. The acquisition would be the largest to date for Stripe, which is based in San Francisco and Dublin and was valued at $70 billion in July. It would also fall into one of crypto’s largest acquisitions in history. Strip…