USDB is a USD-pegged stablecoin issued by Bridge Building Inc (NMLS #2450917), a subsidiary of Stripe, Inc. Each USDB token is designed to maintain a stable value of one U.S. dollar.
How USDB works
1:1 USD peg. Each USDB token is backed by US dollar reserves held in high-quality, liquid assets including US Treasuries, money market funds, and cash.
Segregated reserves. Reserves are held in segregated, bankruptcy-remote accounts, meaning they are legally separated from Bridge’s own operating funds.
Redeemable. USDB can be redeemed for one US dollar, subject to Bridge’s Stablecoin Terms.
Why does GrabrFi use USDB?
GrabrFi partners with Bridge (a Stripe company) to provide stablecoin transfer and wallet services. USDB is the default wallet currency for users in most supported countries because it offers lower transaction costs and tight integration with Bridge's infrastructure.
USDB is also one of the most transparent and trustworthy stablecoins available. It is issued by Bridge Building Inc, a regulated entity (NMLS #2450917) and a subsidiary of Stripe, a globally trusted financial technology company. Reserves backing USDB are held in segregated, bankruptcy-remote accounts, meaning your funds are legally protected from Bridge's operating risks.
Users in European Economic Area (EEA) countries are assigned USDC instead of USDB as their wallet currency.
How is USDB different from USDC or USDT?
USDB, USDC, and USDT are all USD-pegged stablecoins. They work the same way conceptually: each token represents one US dollar. The difference is the issuer:
Stablecoin | Issuer | Backed by |
USDB | Bridge (Stripe) | US Treasuries, money market funds, cash |
USDC | Circle | US dollars and US Treasuries |
USDT | Tether | Reserves including US Treasuries, cash equivalents |
When you send stablecoins from your GrabrFi wallet, your USDB balance is automatically converted to the destination stablecoin you select (USDC, USDT, or PYUSD). When you receive stablecoins, incoming tokens are automatically converted to USDB in your wallet.
Important information
USDB is not FDIC insured. It is a digital asset, not a bank deposit.
USDB does not convey any direct or indirect property interest in reserve assets.
Reserve assets backing USDB may generate returns; any such returns belong to Bridge and/or GrabrFi. You have no entitlement to interest or yield on your USDB balance.
Learn more
For more details about USDB, visit the Bridge USDB overview
Bridge FAQ and legal terms: bridge.xyz/legal