Zach Abrams, co-founder of Stripe-owned Bridge, is leaving to lead Open Standard full-time, citing constraints on stablecoin adoption within Stripe's economic model.
DeFi & Yields ·
Zach Abrams, co-founder and CEO of Bridge, the stablecoin infrastructure company owned by Stripe, is stepping down from his role to pursue Open Standard on a full-time basis. The shift marks his departure from Stripe following the company's acquisition of Bridge in 2025.
Abrams cited structural constraints as the rationale for the move, noting that Bridge's expansion of stablecoin adoption faced limitations stemming from the economic models and incentive frameworks of stablecoin issuers. Open Standard is designed to overcome these barriers by allowing businesses that deploy stablecoins to capture a share of the ecosystem's financial returns and participate in its expansion.
The announcement underscores a divergence between Stripe's operational priorities and the vision Abrams intends to pursue through Open Standard, though specifics on Open Standard's structure, backing, and timeline remain undisclosed.