Bridge Fundraising for Stablecoin-Based Payments Network Totals $58M: Report

▤ Summary

Stablecoins are crypto tokens pegged to the value of a traditional financial asset such as a fiat currency, usually the U.S. dollar. Building stablecoin provision into a business allows companies to dip a toe into the crypto economy without dealing with the volatility that can afflict bitcoin (BTC) and other tokens. However, they then face the challenge of linking to traditional financial systems and facilitating transfers across different tokens and blockchains.

▦ Linked Companies