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PROGRAMMABLEMONEY

Six pieces of programmable money pulled apart layer by layer, and The Full Stack in the middle showing how they connect. Pick a world to open it.

ANATOMY OF ASTABLECOIN CARD

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Stablecoin card issuer · Anatomy of a Stablecoin Card

Bridge (Stripe)

Stripe's stablecoin company. It runs the card program and Lead Bank, a US bank, issues the Visa prepaid card, so cards can spend straight from a user's own wallet.

Company
Bridge (Stripe), with Lead Bank
Network
Visa, on Lead Bank's BIN
Card volume
$2.6M in 30 days
Founded
2022
Licensed as
Bridge is not a bank. Lead Bank, an FDIC insured Missouri bank, is the issuer. Bridge holds US state licenses, EU e-money and MiCA licenses in Luxembourg (Jul 2026) and preliminary conditional OCC approval for a national trust bank, not yet open (Feb 2026).
BINs and regions
Lead Bank's Visa BINs, issued in the US. Launched in Latin America in 2025; live in 30 countries by Apr 2026, with 100+ as the 2026 target. Billed in USD only.
Card types
Prepaid debit Visa, virtual and physical. Business cards through Stripe accounts. No credit card found.
How programs fund it
Three ways: pull from the user's own wallet at each purchase after an onchain approval, a custodial Bridge wallet, or a Stripe balance. Chains: Tempo, Solana, Base, Linea.
Pays the network
Lead Bank began settling with Visa in USDC on Solana in Dec 2025, and Bridge card payments can settle that way. PaymentScan says most Bridge settlement is still offchain.
Card volume
$16.4M all time and $2.6M in the last 30 days, noncustodial cards only (PaymentScan, Nov 3, 2026). Bridge publishes no card count.
Programs it powers
Phantom Cash card, Gate US and others. Runs on Stripe Issuing since Apr 2026.
Pros
A US bank issuer that is a principal Visa member; a noncustodial option; Stripe Issuing tools for fraud, disputes and physical cards.
Cons
A sponsor bank sits in the middle; Visa only; USD billing only; prepaid only; country list still growing toward the target.
Rules
Lead Bank answers to the FDIC and Visa for every card on its BIN, so it reviews the program, its KYC and its marketing. US prepaid cards carry Regulation E rights.

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Public information as of September 2026, simplified. Not legal or investment advice. Open the full stablecoin cards world.

Sources291Created by Andres Lamothe