Odaily Planet Daily News: Bridge, a global stablecoin payment network co-founded by former Square and Coinbase executives Zach Abrams and Sean Yu, announced that it has received $58 million in financing, with participation from Sequoia, Ribbit, Index, Haun Ventures, etc. Bridge provides seamless conversion between fiat currencies and stablecoins, and facilitates the transfer of different stablecoins between blockchains. It has currently processed an annualized payment volume of more than $5 billion and cooperated with high-end customers (such as Elon Musk's SpaceX) to help them collect payments in different regions and currencies, and transfer funds to their global treasury through stablecoins. (Fortune)