On The Brink with Castle Island Zach Abrams (Bridge) on Moving Money (EP.500)
Jan 22, 2024
Zach Abrams, CEO and Co-Founder of Bridge, discusses the explosion of stablecoin volume and how Bridge is building critical infrastructure. Topics covered include Zach's origin story, Bridge's core products and APIs, future issuance of stablecoins, global use cases for stablecoins, the evolution of the stablecoin market, and building a crypto company in a bear market.
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Career Path
- Zach Abrams's career began in private equity, transitioned to tech startups, and included roles at Square, Coinbase, and Brex.
- His initial startup aimed to create a "buy now, pay later" system for the internet, inspired by Klarna.
Fintech Angle
- Zach Abrams's interest in crypto stems from its potential as a new payment rail, similar to the impact of credit cards.
- He sees major financial services innovations often arising from novel ways to move money.
Bridge's Vision
- Bridge was founded on the premise that stablecoins would become a core payment rail.
- The company focuses on building infrastructure to enable efficient value transfer using stablecoins.