Bridge is joining forces with Stripe!
Iâm incredibly excited.
We started 2.5 years ago and weâve done a lot since then :) Weâre going to do a whole lot more in the years ahead. This is an important milestone, but weâre still at the very beginning of the Bridge journey.
We started Bridge because we thought stablecoins could become a core, global, regulated payment platform. Our first year was hard. The digital asset space was in turmoil. We struggled to find partners / customers.
We launched with our APIs in March 2023.
After launch, we quickly saw inbound interest from cross-border payments companies. People talked about stablecoins for x-border money movement, but we didn't understand the space or need.
These developers onboarded, showed us what was possible, and Bridge quickly started to scale.
After that, we had government entities onboard with us to disburse aid, fintechs build US dollar-based savings and spending products, large corporates to manage their global treasury, and many others.
Our belief that stablecoins could be a new payment platform started coming true. Developers worldwide were dreaming up new stablecoin-enabled financial products and coming to Bridge to bring them to life. And each new use case was larger than all of those that came before it.
Today, weâre moving many billions in payment volume. Our business has grown >10x this yr. But more importantly, weâre now helping 100s of developers all around the world. And their products are giving millions of consumers and businesses more economic choice.
A lot has changed (and improved) over the past 18 months. But weâre still incredibly early.
Stablecoins represent an entirely new payments platform. Realizing the potential of this platform will be a decades-long journey.
As weâve gotten to know the Stripe team, itâs become clear that we both share a vision for whatâs possible with stablecoins and an excitement around the opportunity to create and build this future
Stripe operates globally and understands better than almost anyone the problems created by our existing localized payment systems. Our teams share an excitement about stablecoins and vision for how to maximize their impact.
Together, weâll be able to solve bigger problems, support more developers, and help more consumers and businesses all across the world.
We built Bridge to solve our most vexing global financial challenges; to pull a more connected world forward; to give everyone more economic choice.
Weâre thrilled to be joining forces with Stripe to fully realize these ambitions.