Unchained: Big Ideas From The Worlds Of Blockchain And Cryptocurrency

How New Stablecoin Startup Bridge Got Acquired by Stripe for $1.1 Billion - Ep. 764

Informações:

Sinopsis

In October, the crypto industry saw a jaw-dropping acquisition: Bridge, a stablecoin-focused company, was bought by Web2 payments giant Stripe for $1.1 billion. Now, three months later, Bridge co-founder Zach Abrams opens up about the wild journey that led to this moment, from navigating collapses like Terra’s UST and USDC’s depegging, to securing compliance and fraud prevention as core priorities. Zach also delves into his vision for the future of stablecoins, whether the U.S. dollar will continue to dominate, and why global financial infrastructure needs an upgrade. Plus, he recounts how timing and resilience helped Bridge stand out amidst massive industry challenges. Show highlights: 01:49The problems of the payments system and how stablecoins could solve them 13:35 What Bridge is, how it works and what types of consumers it serves 19:33 What significant inconveniences Bridge found throughout its journey 25:56 How Zach’s background in Coinbase influenced the launch of Bridge 30:20 Whether there will b