đ Exciting times in the crypto world! Bridge, a startup founded by Square and Coinbase alumni, just raised $40M, aiming to build a global stablecoin payments network. This brings their total funding to $58M! đ°
Their mission? To let companies use stablecoin rails effortlessly, tackling the hurdles of on-ramps, off-ramps, and cross-token transfers. With big names like SpaceX and Coinbase on board, Bridge is set to be the Web3 version of Stripe.
Stablecoins offer a stable entry into the crypto economy, but what challenges do you think lie ahead? Share your thoughts below! #CryptoNews #Stablecoins