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About Bridge
Bridge is a developer-focused stablecoin infrastructure platform that provides APIs for businesses to integrate stablecoin payments, issuance, and wallet management. Its core products include Orchestration (a single API for moving, storing, and accepting stablecoins), Issuance (enabling companies to launch their own branded stablecoins with managed reserves), Cards (global card programs), and Wallets (scalable digital asset wallets).
The market pain points Bridge addresses are clear: traditional cross-border payments are slow and costly, while existing stablecoin issuers like Tether and Circle charge high redemption or destruction fees that are impractical for large payment companies. Bridge positions itself as a neutral, compliant alternative, letting enterprises issue their own stablecoins without building compliance and reserve infrastructure from scratch.
In the past six months (February to August 2026), Bridge achieved a major regulatory milestone. In early July 2026, it obtained both an Electronic Money Institution (EMI) license and a MiCA CASP authorization from Luxembourg's CSSF, covering all 27 EU member states. This dual license enables fintechs to offer regulated euro stablecoins, virtual IBANs, and cross-border settlement across the EU through a single API integration. It also launched its first euro stablecoin product (EURR) in partnership with Revolut, though initial circulation was minimal (around 369 EUR on-chain).
One notable limitation: Bridge's Open Issuance product requires clients to rely on third-party reserve managers, and the EURR launch showed very low early adoption. However, the MiCA compliance positions Bridge as a key regulated gateway for stablecoin services in Europe.
Stripe acquired Bridge for $1.1 billion, integrating its stablecoin infrastructure team into headquarters as the largest crypto deal to date.
Bridge applied for a U.S. national bank trust license and received conditional OCC approval, advancing regulated stablecoin operations.
Bridge acquired Triangle to strengthen Web3 wallet infrastructure and partnered with Payoneer and MetaMask for large-scale stablecoin services.
Major Bridge progress (2026-03-13 to 2026-09-13):
Expanded Visa partnership: stablecoin-linked cards are live in 18 countries, with plans to reach 100+ countries by year-end. Visa's stablecoin settlement pilot includes Lead Bank, and Visa is evaluating support for Bridge-issued assets as a future settlement path .
Phantom launched its own stablecoin CASH via Bridge Open Issuance, rolled out a stablecoin-backed debit card to thousands of users, and plans global expansion through Stripe's issuing network .
XDC Tech integrated Bridge to enable on-chain stablecoin settlement for agentic AI commerce, including virtual accounts, multi-currency custody, and inherited compliance — positioning XDC as a settlement layer for the agentic economy .
Bridge offers reserve management APIs allowing issuers to allocate reserves across USD, stablecoins, and treasuries .
Future focus: scale stablecoin cards to 100+ countries; Visa assessing Bridge-issued assets; expand agentic AI settlement; broaden Open Issuance and licensed coverage across US, EU, and Latin America.
Sean Yu (Co-founder)
Previously Staff Software Engineer at Airbnb, Staff Engineer at Coinbase, Staff Engineer Eng Manager at DoorDash, and Software Engineer at Square. Co-founded Evenly, a mobile payments startup acquired by Square in 2013, where he served as Lead iOS Engineer.
Zach Abrams (Co-founder)
Previously Chief Product Officer at Brex, Head of Product at Coinbase (Consumer), Director of Product Management at Remind, and General Manager at Square. Co-founded Evenly, a peer-to-peer payments app, and led the company until its acquisition by Square in 2013.
Bridge recently saw the departure of Connor Fitzgerald, Head of Partnerships, Cards, who joined in 2025 and left in August 2026. During his tenure, he helped build the global stablecoin card program across 100+ markets and launched the first stablecoin settlement flow in the US. He stated his next venture will remain focused on onchain financial infrastructure.
(No new hires reported.)