The Bridge plan is to expand the stablecoin payment card business to 100 countries

BlockBeats News, March 3rd - According to Fortune, Visa and Stripe-acquired cryptocurrency startup Bridge, plans to expand its stablecoin-backed card business to 100 countries in Europe, Asia, and Africa by 2025. The service is currently live in 18 countries, allowing users to make payments at Visa-accepting merchants using the balance in their crypto wallets.

Bridge's Co-founder and CEO, Zach Abrams, stated that Visa's robust merchant network and acceptance built over the past 40 years remain highly valuable in the stablecoin world. Additionally, Bridge will participate in Visa's ongoing pilot programs to explore the feasibility of using stablecoins on the blockchain for payment settlements instead of traditional bank transfers.