{"id":277615,"date":"2020-11-17T17:10:20","date_gmt":"2020-11-17T22:10:20","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=277615"},"modified":"2021-08-19T14:15:24","modified_gmt":"2021-08-19T18:15:24","slug":"bridge-mutual-offers-worlds-first-insurance-for-stablecoins","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/bridge-mutual-offers-worlds-first-insurance-for-stablecoins","title":{"rendered":"Bridge Mutual Offers World&#8217;s First Insurance for Stablecoins"},"content":{"rendered":"<p>Bridge Mutual, a group that describes itself as &#8220;a decentralized, scalable and comprehensive system of smart contracts to insure smart contracts, stablecoins, centralized exchanges, and other crypto and DeFi products,&#8221; has started the world&#8217;s first ever &#8220;insurance coverage offering in one of the fastest-growing digital asset markets: stablecoins,&#8221; <a href=\"https:\/\/blockchainwire.io\/press-release\/bridge-mutual-becomes-first-company-to-offer-decentralized-insurance-on-stablecoins\">according to a press release from the group<\/a>.<\/p>\n<p>The platform is &#8220;based on a decentralized, discretionary insurance application that allows users to insure each other and get reimbursed in the event of a market crash or an attack,&#8221; the release notes.<\/p>\n<p>It plans to beat its competition &#8220;by offering to ensure stablecoins and exchanges, not just smart contracts. Additionally, Bridge Mutual is built on the Polkadot network, which offers fork-less, on-chain upgrading capabilities and a superior transaction fee structure,&#8221; it continues.<\/p>\n<p>Sharing some thoughts on the matter is Michael Miglio, the Founder and CEO of Bridge Mutual, who said:<\/p>\n<blockquote><p>\u201cOur platform does not require any form of identification from its users. All funds within our ecosystem are held in smart contracts; Bridge is entirely non-custodial. No Bridge team member ever has access to the funds being staked on the system.\u201d<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<div class=\"fin-excerpt\">Bridge Mutual, a group that describes itself as &#8220;a decentralized, scalable and comprehensive system of smart contracts to insure smart contracts, stablecoins, centralized exchanges, and <a class=\"read-more-link\" href=\"https:\/\/insidebitcoins.com\/news\/bridge-mutual-offers-worlds-first-insurance-for-stablecoins\" title=\"Bridge Mutual Offers World&#8217;s First Insurance for Stablecoins\">[&#8230;]<\/a><\/div>","protected":false},"author":1722,"featured_media":277192,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[7596],"tags":[11690,8395],"class_list":["post-277615","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-bridge-mutual","tag-stablecoins"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.8 (Yoast SEO v23.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bridge Mutual Offers World&#039;s First Insurance for Stablecoins - InsideBitcoins.com<\/title>\n<meta name=\"description\" content=\"Bridge Mutual has started the world\u2019s first-ever insurance coverage offering in one of the fastest-growing digital assets, stablecoins.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/277615\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bridge Mutual Offers World&#039;s First Insurance for Stablecoins\" \/>\n<meta property=\"og:description\" content=\"Bridge Mutual has started the world\u2019s first-ever insurance coverage offering in one of the fastest-growing digital assets, stablecoins.\" \/>\n<meta property=\"og:site_name\" content=\"InsideBitcoins.com\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-17T22:10:20+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-08-19T18:15:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2020\/11\/Stablecoins1.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"678\" \/>\n\t<meta property=\"og:image:height\" content=\"362\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Max Moeller\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@maxemole\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Max Moeller\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/277615#article\",\"isPartOf\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/277615\"},\"author\":{\"name\":\"Max Moeller\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/person\/40e2bb7ce5197525f89f809b68ffe13f\"},\"headline\":\"Bridge Mutual Offers World&#8217;s First Insurance for Stablecoins\",\"datePublished\":\"2020-11-17T22:10:20+00:00\",\"dateModified\":\"2021-08-19T18:15:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/277615\"},\"wordCount\":198,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/277615#primaryimage\"},\"thumbnailUrl\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2020\/11\/Stablecoins1.jpeg\",\"keywords\":[\"Bridge Mutual\",\"Stablecoins\"],\"articleSection\":[\"Breaking Crypto News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/277615#respond\"]}],\"copyrightYear\":\"2020\",\"copyrightHolder\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/277615\",\"url\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/277615\",\"name\":\"Bridge Mutual Offers World's First Insurance for Stablecoins - InsideBitcoins.com\",\"isPartOf\":{\"@id\":\"https:\/\/insidebitcoins.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/277615#primaryimage\"},\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/277615#primaryimage\"},\"thumbnailUrl\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2020\/11\/Stablecoins1.jpeg\",\"datePublished\":\"2020-11-17T22:10:20+00:00\",\"dateModified\":\"2021-08-19T18:15:24+00:00\",\"description\":\"Bridge Mutual has started the world\u2019s first-ever insurance coverage offering in one of the fastest-growing digital assets, stablecoins.\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/277615\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/277615#primaryimage\",\"url\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2020\/11\/Stablecoins1.jpeg\",\"contentUrl\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2020\/11\/Stablecoins1.jpeg\",\"width\":678,\"height\":362,\"caption\":\"UK Treasury to Provide Stablecoin Framework for Private Coins\"},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/insidebitcoins.com\/#website\",\"url\":\"https:\/\/insidebitcoins.com\/\",\"name\":\"InsideBitcoins.com\",\"description\":\"Search &amp; Compare Brokers within Crypto, Forex &amp; Stocks\",\"publisher\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/insidebitcoins.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/insidebitcoins.com\/#organization\",\"name\":\"InsideBitcoins\",\"url\":\"https:\/\/insidebitcoins.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/07\/insidebitcoins.svg\",\"contentUrl\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/07\/insidebitcoins.svg\",\"width\":195,\"height\":32,\"caption\":\"InsideBitcoins\"},\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/person\/40e2bb7ce5197525f89f809b68ffe13f\",\"name\":\"Max Moeller\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/80a1a6e43326e65546ed696cc0ab6d66?s=96&d=mm&r=pg\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/80a1a6e43326e65546ed696cc0ab6d66?s=96&d=mm&r=pg\",\"caption\":\"Max Moeller\"},\"description\":\"Max Moeller is a freelance cryptocurrency, blockchain, and games writer with an undying interest in how the two markets can intersect. He has been working in both industries for more than three years, with a big focus on blockchain-specific topics. On top of writing for InsideBitcoins, Max contributes to multiple other websites including Blockonomi and LearnBonds.com\",\"sameAs\":[\"https:\/\/maxemole.com\",\"https:\/\/www.linkedin.com\/in\/maxwell-moeller-912044b4\/\",\"https:\/\/x.com\/maxemole\"],\"gender\":\"male\",\"knowsAbout\":[\"Cryptocurrency\",\"Blockchain\"],\"jobTitle\":\"Author\",\"url\":\"https:\/\/insidebitcoins.com\/author\/maxmoeller\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Bridge Mutual Offers World's First Insurance for Stablecoins - InsideBitcoins.com","description":"Bridge Mutual has started the world\u2019s first-ever insurance coverage offering in one of the fastest-growing digital assets, stablecoins.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/277615","og_locale":"en_US","og_type":"article","og_title":"Bridge Mutual Offers World's First Insurance for Stablecoins","og_description":"Bridge Mutual has started the world\u2019s first-ever insurance coverage offering in one of the fastest-growing digital assets, stablecoins.","og_site_name":"InsideBitcoins.com","article_published_time":"2020-11-17T22:10:20+00:00","article_modified_time":"2021-08-19T18:15:24+00:00","og_image":[{"width":678,"height":362,"url":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2020\/11\/Stablecoins1.jpeg","type":"image\/jpeg"}],"author":"Max Moeller","twitter_card":"summary_large_image","twitter_creator":"@maxemole","twitter_misc":{"Written by":"Max Moeller","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/277615#article","isPartOf":{"@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/277615"},"author":{"name":"Max Moeller","@id":"https:\/\/insidebitcoins.com\/#\/schema\/person\/40e2bb7ce5197525f89f809b68ffe13f"},"headline":"Bridge Mutual Offers World&#8217;s First Insurance for Stablecoins","datePublished":"2020-11-17T22:10:20+00:00","dateModified":"2021-08-19T18:15:24+00:00","mainEntityOfPage":{"@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/277615"},"wordCount":198,"commentCount":0,"publisher":{"@id":"https:\/\/insidebitcoins.com\/#organization"},"image":{"@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/277615#primaryimage"},"thumbnailUrl":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2020\/11\/Stablecoins1.jpeg","keywords":["Bridge Mutual","Stablecoins"],"articleSection":["Breaking Crypto News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/277615#respond"]}],"copyrightYear":"2020","copyrightHolder":{"@id":"https:\/\/insidebitcoins.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/277615","url":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/277615","name":"Bridge Mutual Offers World's First Insurance for Stablecoins - InsideBitcoins.com","isPartOf":{"@id":"https:\/\/insidebitcoins.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/277615#primaryimage"},"image":{"@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/277615#primaryimage"},"thumbnailUrl":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2020\/11\/Stablecoins1.jpeg","datePublished":"2020-11-17T22:10:20+00:00","dateModified":"2021-08-19T18:15:24+00:00","description":"Bridge Mutual has started the world\u2019s first-ever insurance coverage offering in one of the fastest-growing digital assets, stablecoins.","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/277615"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/277615#primaryimage","url":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2020\/11\/Stablecoins1.jpeg","contentUrl":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2020\/11\/Stablecoins1.jpeg","width":678,"height":362,"caption":"UK Treasury to Provide Stablecoin Framework for Private Coins"},{"@type":"WebSite","@id":"https:\/\/insidebitcoins.com\/#website","url":"https:\/\/insidebitcoins.com\/","name":"InsideBitcoins.com","description":"Search &amp; Compare Brokers within Crypto, Forex &amp; Stocks","publisher":{"@id":"https:\/\/insidebitcoins.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/insidebitcoins.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/insidebitcoins.com\/#organization","name":"InsideBitcoins","url":"https:\/\/insidebitcoins.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/insidebitcoins.com\/#\/schema\/logo\/image\/","url":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/07\/insidebitcoins.svg","contentUrl":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/07\/insidebitcoins.svg","width":195,"height":32,"caption":"InsideBitcoins"},"image":{"@id":"https:\/\/insidebitcoins.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/insidebitcoins.com\/#\/schema\/person\/40e2bb7ce5197525f89f809b68ffe13f","name":"Max Moeller","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/insidebitcoins.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/80a1a6e43326e65546ed696cc0ab6d66?s=96&d=mm&r=pg","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/80a1a6e43326e65546ed696cc0ab6d66?s=96&d=mm&r=pg","caption":"Max Moeller"},"description":"Max Moeller is a freelance cryptocurrency, blockchain, and games writer with an undying interest in how the two markets can intersect. He has been working in both industries for more than three years, with a big focus on blockchain-specific topics. On top of writing for InsideBitcoins, Max contributes to multiple other websites including Blockonomi and LearnBonds.com","sameAs":["https:\/\/maxemole.com","https:\/\/www.linkedin.com\/in\/maxwell-moeller-912044b4\/","https:\/\/x.com\/maxemole"],"gender":"male","knowsAbout":["Cryptocurrency","Blockchain"],"jobTitle":"Author","url":"https:\/\/insidebitcoins.com\/author\/maxmoeller"}]}},"_links":{"self":[{"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/277615"}],"collection":[{"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/users\/1722"}],"replies":[{"embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/comments?post=277615"}],"version-history":[{"count":0,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/277615\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/media\/277192"}],"wp:attachment":[{"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/media?parent=277615"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/categories?post=277615"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/tags?post=277615"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}