This Unchained podcast episode features an interview with Zach Abrams, co-founder of Bridge, a financial technology company acquired by Stripe for $1.1 billion. The conversation centers on the advantages of stablecoins over traditional payment methods, particularly for international transactions. Abrams details how Bridge's APIs facilitate faster, cheaper, and more efficient cross-border payments and provide crucial financial infrastructure in underserved markets. He highlights a case study where a government aid organization saw a 99% increase in aid reaching recipients by using stablecoins and Bridge's APIs, compared to only 60% previously. The discussion also covers the challenges faced by Bridge during the volatile period of stablecoin market collapses and the factors that ultimately led to its successful acquisition by Stripe.
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How New Stablecoin Startup Bridge Got Acquired by Stripe for $1.1 Billion - Ep. 764 | Unchained | Podwise