ME News: On September 25 (UTC+8), Zach Abrams, co-founder and CEO of Bridge, a stablecoin infrastructure company under payment giant Stripe, will step down from Stripe. He will focus full-time on operating Open Standard going forward. He said that during his time at Bridge, business development was constrained by the economic model and incentive mechanisms of stablecoin issuers. Open Standard aims to address this issue. Earlier, Foresight News reported that Stripe completed its acquisition of stablecoin infrastructure company Bridge in February 2025 for $1.1 billion. (Source: ME)