Scaling Stablecoins: A conversation with Zach Abrams
Zach is the Co-Founder and CEO of Bridge, the stablecoin startup recently acquired by Stripe for over one billion dollars.
Last week, we hosted our first fireside chat at Kindred Ventures in San Francisco. Our CEO, AJ Asver, was joined by Zach Abrams, CEO of Bridge.xyz, the stablecoin startup acquired by Stripe for over $1 billion in less than two years. Zach shared the founding story of Bridge, his vision for the company under Stripe, what excited him about stablecoins, and some hot takes on the San Francisco tech scene.
"The future doesn't just happen. Somebody needs to build it."
– Zach Abrams, CEO of Bridge.xyz
You can watch the full interview below:
The biggest takeaway from the conversation was that while stablecoins are an obvious bet now, two years ago, the space was still very nascent, and that Zach and the Bridge team had to will the market into existence. Early customers discovered Bridge through Twitter and word of mouth, and their first product operated exclusively through Slack without an API, simply by customers requesting that money be transferred. It was amazing to hear how Zach and the team scaled Bridge from those humble beginnings to billions of dollars in transactions and ultimately achieved an exit to Stripe.
