Sequoia and Ribbit Lead $58M Investment in Bridge’s Stablecoin Network

TL;DR Bridge, co-founded by former Square and Coinbase executives, has raised $58 million in funding to develop a global stablecoin-based payments network. The company is looking to compete with traditional payment systems like Swift and credit cards through a stablecoin infrastructure. The growing acceptance of stablecoins like Tether and USDC is driving their use in ... source: https://crypto-economy.com/sequoia-and-ribbit-lead-58m-investment-in-bridges-stablecoin-network/