---
title: "Bridge USDB (USDB) Stablecoin Analytics"
canonical: "https://pharos.watch/stablecoin/usdb-bridge/"
description: "Build-time stablecoin profile for Bridge USDB (USDB). Live price, supply, peg, liquidity, and flow data are served by the Pharos API."
dateModified: "2026-05-15"
---



# Bridge USDB (USDB)

**Peg:** US Dollar

**Backing:** Real-World Asset Backed

**Governance:** Centralized (CeFi)

**Status:** pre-launch

## Overview

Bridge's USDB is Stripe's invisible stablecoin rail, with reserves at BlackRock {{term:money-market-fund}}MMFs{{/term}} under an OCC trust charter and distribution embedded in $1T of annual payment flow. USDB is the stablecoin most people will never know they're using. Bridge — Stripe's $1.1 billion acquisition — quietly powers Stablecoin Financial Accounts in 101 countries, turning every Stripe merchant into a potential stablecoin endpoint without the merchant ever touching a token. The OCC conditional national trust bank charter from February 2026 gives Bridge the federal regulatory cover that most stablecoin issuers spend years pursuing, and the reserves sit in cash and BlackRock money market funds with institutional {{term:custody}}custody{{/term}}. What makes USDB strategically interesting isn't the token itself — it's that Stripe processes $1 trillion annually and can embed stablecoin settlement into existing payment flows without asking permission from anyone downstream. The competitive moat isn't technology or regulation; it's distribution through indifference.

## Collateral

1:1 USD reserves held in cash and BlackRock money market funds; managed by Bridge (Stripe subsidiary) under conditional OCC national trust bank charter

## Peg Mechanism

Bridge-issued reserve stablecoin: USDB is always backed 1:1 by cash and short-duration BlackRock money market funds, with Bridge APIs supporting fiat and stablecoin conversions including free USDB/USDC conversion

## Jurisdiction

| Country | Regulator | License |
| --- | --- | --- |
| United States | OCC (conditional national trust bank charter) | N/A |

## Live Data

This is a pre-launch stablecoin profile. Live API data is not available until launch.