Bridge10

what's Bridge?

Bridge is a stablecoin infrastructure platform designed for developers to enable seamless global money movement using stablecoins. It provides APIs for issuing, managing, and integrating stablecoins into applications, supporting features like programmable issuance, reserve management, compliance, and liquidity provisioning. Originally founded in 2022, Bridge was acquired by Stripe in 2024, enhancing Stripe's crypto capabilities by bridging traditional payments with blockchain-based stablecoin rails for faster, cheaper cross-border transactions. Key offerings include Open Issuance, which allows businesses to launch custom stablecoins in days with built-in security and regulatory tools, and integrations like stablecoin-linked Visa cards and financial accounts in over 100 countries. Bridge supports major stablecoins such as USDC and its own USDB, facilitating on-ramps, off-ramps, and DeFi interactions while handling fiat reserves backed by U.S. Treasuries and bank deposits to maintain peg stability.

Snapshot

Bridge secured Series A funding and will begin trading on Kraken on January 27th.

3W ago
FINANCIAL EVENT

Raised Series A funding round according to Galaxy investment partner.

MARKET ACTIVITY

Trading begins on Kraken exchange on 2026-01-27 at 14:00 UTC.

2M ago

Received OCC conditional approval for a federally chartered national trust bank, allowing stablecoin issuance and digital asset custody under federal oversight.

Klarna partners with Stripe-owned Privy to build a crypto wallet that will give users access to digital assets, expanding beyond the KlarnaUSD stablecoin previously built with Bridge infrastructure.

Bridge operates as a stablecoin issuer in M0's network with moonpay, supporting custom, interoperable stablecoin creation for fintech builders.

Cascade announces as the first autonomous neo-brokerage powered by Bridge (Stablecoin), offering unified accounts for stocks, crypto, borrowing/leverage with direct bank connections.

Plasma announces partnership with Bridge (Stablecoin).

Stripe integrates Privy's wallet infrastructure for stablecoin products, enabling embedded wallets, OAuth-style onboarding, headless custody, in-app stablecoin onramps, and allowing agents to pay bills, alongside Zerohash and Coinbase for custodial wallet features.

Klarna launches a stablecoin built with Bridge infrastructure, running on Tempo, with access to 100M+ customers.

Bridge's growth is connected to the GENIUS Act becoming inevitable, positioning the development as a key regulatory catalyst for the company.

3M ago

Sui network launches USDsui, a native stablecoin issued by Bridge (a Stripe company) using Bridge's Open Issuance platform, featuring fiat-backing and yield-sharing capabilities with interoperability across Bridge-powered stablecoins on Phantom, Hyperliquid, and MetaMask.

Bridge launches as a verified, compliant messaging platform for institutional crypto communications.

SEPA account access is restricted for six EU countries (Finland, Hungary, Latvia, Lithuania, Netherlands, Slovenia) but remains available in higher-risk jurisdictions including Venezuela, Angola, Belize, Congo, Honduras, and Laos.

Bridge faces significant U.S. regulatory limitations, unable to legally serve 24+ states including major markets like California, New York, and Texas due to Money Transmitter License restrictions.

FraxNet built their neobank platform using Bridge's orchestration infrastructure over the past few months, with continued collaboration planned in the payment stablecoin arena.

New stablecoins are being built as wrappers on the bridge infrastructure.

Acquired by Stripe for $1.1 billion, alongside Privy, Tempo, PartyDAO, and Valora.

Stablecoin sponsors CoinDesk media network.

4M ago

Stripe Bridge launches Open Issuance, a new platform enabling businesses to launch and manage their own stablecoins.