Bridge 是由前 Square 和 Coinbase 高管共同创立的稳定币支付网络，从红杉、Ribbit 和 Index 筹集了 5800 万美元

Bridge 旨在创建一个以稳定币为中心的全球支付网络，以与信用卡和 Swift 等现有支付方式竞争。

Bridge, a global stablecoin payment network, has secured $58 million in funding from investors including Sequoia, Ribbit, and Index.

全球稳定币支付网络 Bridge 已从红杉、Ribbit 和 Index 等投资者那里获得了 5800 万美元的资金。

The company, founded by former Square and Coinbase executives Zach Abrams and Sean Yu, aims to create a worldwide payment network centered around stablecoins to compete with established payment methods like credit cards and Swift.

该公司由前 Square 和 Coinbase 高管 Zach Abrams 和 Sean Yu 创立，旨在创建一个以稳定币为中心的全球支付网络，以与信用卡和 Swift 等现有支付方式竞争。

According to reports, Abrams and Yu left their respective roles at Square and Coinbase in 2023 to pursue their goal of making stablecoins the “new global payments rail.”

据报道，Abrams 和 Yu 于 2023 年辞去了各自在 Square 和 Coinbase 的职务，以追求让稳定币成为“新的全球支付轨道”的目标。

“Fintech is deeply rational. If you can do something faster, cheaper, and more economical, you win,” Abrams told Fortune in an interview.

“金融科技是非常理性的。如果你能做得更快、更便宜、更经济，你就赢了。”艾布拉姆斯在接受《财富》杂志采访时表示。

The $58 million fundraising round includes a previously undisclosed $40 million investment led by Sequoia and Ribbit.

这轮 5800 万美元的融资包括由红杉资本和 Ribbit 领投的 4000 万美元投资，此前未公开。

With $58 million in financing, Bridge hopes to broaden its customer base and enhance its stablecoin offerings. The company has already started forming strategic alliances, including one with Bitso to use stablecoins to facilitate cross-border payments between businesses in Latin America.

Bridge 希望通过 5800 万美元的融资扩大其客户群并增强其稳定币产品。该公司已经开始组建战略联盟，其中包括与 Bitso 合作，使用稳定币促进拉丁美洲企业之间的跨境支付。

Integrating stablecoin transactions into financial systems

将稳定币交易整合到金融系统中

Bridge’s platform aims to facilitate incorporating stablecoin transactions into existing financial systems. The organization’s two main services are issuance and orchestration.

Bridge 的平台旨在促进将稳定币交易纳入现有的金融系统。该组织的两项主要服务是发行和编排。

The Orchestration service offers APIs that make it simple for customers to convert between several dollar forms, including USD, EUR, USDC, PYUSD, and USDT. This service guarantees minimal costs, quick settlements, easy cross-border payments, and currency conversions.

Orchestration 服务提供 API，使客户可以轻松地在多种美元形式之间进行转换，包括美元、欧元、USDC、PYUSD 和 USDT。该服务保证最低成本、快速结算、轻松跨境支付和货币兑换。

“We built Bridge as a low-level set of APIs that would enable companies to use a stablecoin rail without thinking about it,” Abrams states.

Abrams 表示：“我们将 Bridge 构建为一组低级 API，使公司能够不假思索地使用稳定币。”

However, developers may create a bespoke stablecoin by converting these currency types using the Issuance API. This adaptability enables companies to provide digital dollar-based services catered to their requirements.

然而，开发人员可以通过使用发行 API 转换这些货币类型来创建定制的稳定币。这种适应性使公司能够提供满足其需求的基于数字美元的服务。

Bridge wants to enable businesses to easily incorporate stablecoins into their operations with the help of these services, making payment systems more effective and affordable.

Bridge 希望借助这些服务，企业能够轻松地将稳定币纳入其运营中，从而使支付系统更加有效且经济实惠。

The rise of stablecoins

稳定币的崛起

Stablecoins have grown tremendously over the last two years; Tether, the market leader, is valued at over $118 billion, while USDC is valued at $34 billion.

过去两年，稳定币取得了巨大的增长；市场领导者 Tether 的估值超过 1180 亿美元，而 USDC 的估值为 340 亿美元。

However, the asset class has also had to deal with events that have raised doubts about whether it is “stable.”

然而，该资产类别也不得不应对引发对其是否“稳定”质疑的事件。

The collapse of TerraUSD in 2022—a so-called algorithmic stablecoin that relied on a correlated cryptocurrency rather than a fiat reserve to maintain its $1 peg—sparked a larger crypto crisis that resulted in congressional hearings and regulatory probes.

TerraUSD 于 2022 年崩溃，这是一种所谓的算法稳定币，依靠相关加密货币而不是法定储备来维持与 1 美元挂钩，引发了一场更大规模的加密货币危机，引发了国会听证会和监管调查。

As it was revealed that its issuer, Circle, had placed billions of dollars worth of reserves with the failing Silicon Valley Bank in 2023, USDC momentarily lost its peg on secondary markets. However, USDC swiftly rebounded as it was revealed that the FDIC would guarantee the bank’s deposits.

据透露，其发行人 Circle 在 2023 年向破产的硅谷银行存入了价值数十亿美元的准备金，USDC 暂时失去了与二级市场的挂钩。然而，随着有消息称 FDIC 将为该银行的存款提供担保，USDC 迅速反弹。

Stablecoins have recovered despite the challenges and the ongoing absence of federal legislation that would regulate the emerging industry.

尽管面临挑战并且持续缺乏监管新兴行业的联邦立法，但稳定币已经复苏。

However, it needs to be determined how much of the volume is generated by actual users instead of bots and large-scale dealers.

然而，需要确定有多少交易量是由实际用户而不是机器人和大型经销商产生的。

While certain TradFi firms, like Stripe, have started to incorporate USDC into their services, other companies, including PayPal and VanEck, have introduced or supported their stablecoins.

虽然某些 TradFi 公司（如 Stripe）已开始将 USDC 纳入其服务中，但其他公司（包括 PayPal 和 VanEck）已推出或支持其稳定币。