Bridge, a crypto startup founded by former Square and Coinbase employees, has raised $40 million in its latest funding round, bringing its total to $58 million. The company aims to build a global stablecoin-based payments network that simplifies businesses’ use of stablecoins by integrating them seamlessly into traditional financial systems. Bridge’s goal is to become a Web3 version of Stripe, enabling companies like SpaceX and Coinbase to process payments using different tokens across multiple blockchains without worrying about the underlying complexities.
Bridge Fundraising for Stablecoin-Based Payments Network Totals $58M
