Bread should be placed in your general waste bin where it will be sent to landfill.
You can freeze stale bread and use it to make bread crumbs in your food processor.
Organic matter like food creates methane gas when sent to landfill. Methane is one of the most potent greenhouses gases, trapping 24 times more heat per mass than carbon dioxide.
You should avoid sending food and organic waste to landfill wherever possible.