Bridge

What Bridge does

Bridge is a stablecoin infrastructure platform founded in 2022 by former Coinbase and Brex executives Zach Abrams and Sean Yu. It was acquired by Stripe in October 2024 for $1.1 billion — the largest stablecoin infrastructure acquisition to date — and now operates as a Stripe subsidiary. The platform is API-first and exposes four product surfaces: Orchestration (multi-issuer and multi-network stablecoin routing), Issuance (programmatic minting and burning of stablecoins, including USDB and the jointly issued MGUSD with MoneyGram), Cards (stablecoin-linked Visa card programs, numbering 130+), and Wallets (custodial wallet infrastructure). Bridge operates from San Antonio and Warsaw with a UK entity, and reaches 100+ countries through an expanded Visa Direct settlement partnership.

The business model is usage-based. Bridge earns transaction fees on card and orchestration flows, plus conversion fees up to roughly 1% on stablecoin-to-fiat ramps. Its customer base is split between crypto-native companies (MetaMask, Phantom, Sui), large enterprise entrants into stablecoin commerce (Klarna, Shopify, Deel, Payoneer), and remittance and consumer payments (MoneyGram, Banking Circle, Lead Bank). Operational scale signals include a $7B annualized run rate on the Visa Direct stablecoin settlement pilot as of April 2026 and an Open USD consortium of 140+ partners launched in June 2026.

Bridge's regulatory footprint is unusually broad for a stablecoin infrastructure provider: conditional OCC approval for a national trust bank (February 2026), MiCA plus an Electronic Money Institution license in Luxembourg (July 2026), and money transmitter licenses in 45+ US states. This stack, combined with Stripe's distribution muscle and the Visa partnership, positions Bridge as one of the most institutionally credible stablecoin rails providers, with credible forward optionality in agentic AI commerce via the x402 protocol.

Name

Bridge

Legal name

Bridge Ventures LLC

Website

https://bridge.xyz

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

11–50 employees

Short description

Bridge is a Stripe-owned stablecoin infrastructure platform offering APIs for orchestration, issuance, card programs, and wallets, serving crypto-native firms, mainstream enterprises, and remittance providers across 100+ countries.

Ownership category

akta.pro rank

Product category

Stablecoin Infrastructure & APIs

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182)

SIC

Finance Services (6199), Services-Computer Programming, Data Processing, Etc. (7370), Services-Computer Integrated Systems Design (7373)

akta.pro primary industry

Crypto Payments & Stablecoin Settlement Platforms (BPAMAFAL)

akta.pro secondary industries

Stablecoin Payment Rails & Settlement Networks (Issuer-Led) (FSADADAF), Cross-Chain Bridging & Interoperability for Stablecoins (FSADADAH)

Keywords

• Stablecoin infrastructure
• Payment APIs
• Cross-border payments
• Crypto wallet services
• Stablecoin issuance

Headquarters

HQ city

San Antonio

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Transaction/Conversion Fees: Currency conversion spread charged on fiat-to-fiat conversions, documented at up to 1% of transaction's fiat value. Gas fees passed through at cost for blockchain transactions.
2. Stablecoin Issuance: Revenue from businesses issuing their own stablecoins through Bridge's issuance platform. Reserves invested in US Treasuries earning 3-4% with rewards shared with issuers.
3. Card Program Revenue Share: Revenue sharing from stablecoin-backed card transactions. Card programs serve consumers and businesses with revenue earned on every transaction.
4. Service Charges: Partners may levy service charges for services provided through Bridge platform. Fee structure determined by partner, not Bridge.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels6 records

Core offering

Bridge provides an API-first stablecoin infrastructure platform that enables businesses to move, store, accept, issue, and spend stablecoins globally. Its core offerings are Orchestration APIs (fiat-to-stablecoin transfers and conversions), Issuance APIs (branded stablecoin creation with reserve management), Wallets (custodial digital asset wallets), and Cards (Visa-powered stablecoin-backed debit cards). The platform serves fintechs, crypto platforms, global businesses, and payment networks through a single integration that handles regulatory, compliance, and technical complexities.

Product overview

Bridge is a unified stablecoin infrastructure platform providing a modular stack of APIs and services. The core product suite includes Orchestration (for moving/accepting stablecoins), Issuance (for creating branded stablecoins), Cards (Visa-powered stablecoin spending), and Wallets (custodial wallet infrastructure). These are complemented by solutions for Cross-border Payments, Global Payouts, Onchain Financial Services, and Crypto/DeFi applications. The platform enables businesses to receive, store, convert, issue, and spend stablecoins through a single API integration. Bridge also supports USDB, Stripe's own stablecoin issued via its Open Issuance platform. The company operates as Stripe's stablecoin infrastructure subsidiary following its $1.1 billion acquisition in October 2024.

Differentiator

Problem solved

Functional benefit

Products and services

• Orchestration API

Quantifiable outcome

• Visa stablecoin settlement pilot reached $7 billion annualized run rate, up 50% from prior quarter
• +4 more outcomes

Named customers13 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability4 records

Feature6 records

Partnerships

17 partnerships are on record, tiered strategic, core, flagship and minor.

• XDC TechstrategicTechnology or Integration · 15 July 2026Integration giving XDC developers access to Bridge's on/off-ramps, virtual accounts, and multi-currency custody for compliant stablecoin settlement. Enables near real-time settlement in stablecoins like USDC, replacing multi-day wire transfers. Targets agentic AI commerce for autonomous payments.
• Open Standard ConsortiumcoreStrategic or Co-development Partner · 1 July 2026Bridge CEO Zach Abrams leading Open Standard consortium issuing Open USD stablecoin. 140+ partners including Visa, Mastercard, BlackRock, BNY, Coinbase. Open USD offers zero-cost minting/redemption and shared reserve economics among partners.
• Banking CirclecoreTechnology or Integration · 9 June 2026Cross-border payment infrastructure partnership enabling Bridge clients to move stablecoins into and out of local currencies. Supports EUR, GBP, USD (via SWIFT), and AUD (Q3). Combines Bridge's stablecoin capabilities with Banking Circle's regulated banking rails, correspondent network, and local clearing access.
• DeelcoreTechnology or Integration · 3 June 2026Deel launched stablecoin wallet using Stripe infrastructure enabling contractors across 150+ countries to hold, earn, and spend US dollar-backed balances. Addresses currency instability in markets like Argentina and Turkey where local currencies fluctuate 20-40% annually.
• MoneyGramcoreTechnology or Integration · 2 June 2026MoneyGram launched MGUSD stablecoin on Stellar blockchain with Bridge as issuing partner. Infrastructure from M0 for smart contracts and Fireblocks for wallet services. Partnership positions MoneyGram for blockchain-based cross-border payments leveraging its cash-in/cash-out network across 170+ countries.
• SuicoreTechnology or Integration · 4 March 2026Sui blockchain network launched USDsui stablecoin issued by Bridge. Built in accordance with GENIUS Act. Compatible with other Bridge-issued stablecoins. Network has processed over $1 trillion in stablecoin transactions.
• VisaflagshipStrategic or Co-development Partner · 3 March 2026Major strategic partnership for stablecoin-linked card program. Bridge enables Visa issuers and acquirers to settle using stablecoins on supported blockchains. Program expanded from 18 countries to 100+ countries by end of 2026, targeting Europe, Asia Pacific, Africa, and Middle East. Over 175 million merchant locations accepting Visa globally. Visa operating 130+ stablecoin-linked card programs across 50+ countries through Bridge.
• WayexminorChannel Partner/ Reseller/ Distributor · 18 February 2026Australian fintech (formerly CryptoSpend) launched Wayex Global digital financial platform in 160+ countries with Visa debit card access and embedded stablecoin yield. Card issuance available in 18 markets expanding to 100+.
• Lead BankcoreTechnology or Integration · 17 February 2026Lead Bank joined as participant in Visa's stablecoin settlement pilot, enabling on-chain transaction settlement through Bridge infrastructure. Missouri state-chartered bank issuing prepaid Visa cards for Bridge platform partners.
• PhantomcoreChannel Partner/ Reseller/ DistributorCrypto wallet platform integrating Bridge for stablecoin-backed card issuance. Users can spend stablecoin balances at Visa merchant locations through branded debit cards. Part of 15+ card program partners.
• MetaMaskcoreChannel Partner/ Reseller/ DistributorConsensys-owned cryptocurrency wallet integrating Bridge for stablecoin-backed cards. Millions of customers enabled to conduct day-to-day transactions using stablecoins. MetaMask Money Account on Monad uses mUSD backed by Bridge.
• KlarnacoreTechnology or IntegrationMajor fintech company using Bridge infrastructure. Launched bank-issued stablecoin on Tempo blockchain network. Part of Stripe's broader stablecoin ecosystem including Tempo blockchain partners.
• ShopifycoreTechnology or IntegrationE-commerce platform partner using Bridge infrastructure for stablecoin payments. Part of ecosystem of companies building new global money movement experiences on Bridge platform.
• PayoneercoreTechnology or IntegrationPayoneer integrating stablecoin capabilities powered by Bridge into its platform. Enables businesses to securely receive, hold, and send stablecoins for international payments. Launch planned for select markets in Q2 2026.
• CenoaminorChannel Partner/ Reseller/ DistributorGlobal financial platform partner. Cofounder Emre Ertan stated Bridge team has been 'most reliable, responsive, and professional' partner across banking, payments, and crypto infrastructure.
• AIRTMminorChannel Partner/ Reseller/ DistributorAirtm enabled Bridge infrastructure for real-time stablecoin-based payouts to thousands of end users. Created 25,000 cards and processed $2 million in spending volume in 3 months.
• SendwaveminorChannel Partner/ Reseller/ DistributorSendwave Costa Rica Sociedad de Responsabilidad Limitada platform provider for Bridge prepaid Visa card program. Cross-border payment services enabling stablecoin-backed card access in Costa Rica.

Scale indicators7 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Circle: Circle is the issuer of USDC and operates USDC-focused APIs for orchestration, wallets, and cross-border payments — directly competing with Bridge's issuance, orchestration, and card products across the same developer and enterprise customer base.
• Paxos: Paxos is a regulated stablecoin issuer (USDP, PYUSD on behalf of PayPal) and infrastructure provider with APIs for issuance, custody, and settlement — directly comparable to Bridge's issuance and orchestration stack for enterprise and fintech clients.
• Fireblocks: Fireblocks provides custody, wallet, and tokenization infrastructure used by MoneyGram (Bridge's partner) for stablecoin operations — directly competing with Bridge's custodial wallets and onchain security layer for institutional and fintech clients.
• BVNK: BVNK is a stablecoin payments infrastructure platform serving merchants and platforms with on/off-ramps, payouts, and wallet services — directly competing with Bridge's orchestration APIs and cross-border payments solution.
• Ripple: Ripple issues the RLUSD stablecoin and operates Ripple Payments for cross-border transfers using stablecoins and XRP — directly competing with Bridge on issuance, cross-border payments, and enterprise bank rails.
• BitGo: BitGo provides qualified custody, wallet-as-a-service, and stablecoin trading/settlement infrastructure — overlapping with Bridge's custodial wallets and orchestration APIs for institutional and platform clients.

Broad incumbents

• Coinbase: Coinbase operates a broad crypto platform including USDC distribution, Base L2, x402 protocol, and developer APIs — overlapping with Bridge across issuance, custody, and developer infrastructure at a much larger scale.
• PayPal: PayPal issued PYUSD stablecoin via Paxos and operates a global payments network — a broad incumbent competitor in stablecoin payments serving both consumers and merchants.
• Tether: Tether is the issuer of USDT, the largest stablecoin by volume, with a growing set of infrastructure and developer APIs — a broad incumbent competitor in stablecoin issuance, settlement, and cross-border payments.

Emerging players

• Transak: Transak provides fiat on/off-ramps and stablecoin purchase infrastructure for wallets and applications — an emerging competitor to Bridge's orchestration and onramp/offramp APIs with narrower geographic and product scope.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/StableCoin
• LinkedInlinkedin.com/company/bridge-apis

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds2 records

Investors7 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Bridge