Stripe Unveils Open Issuance, A New Tool for Businesses to Launch Stablecoins

Quick Breakdown 

• Stripe launches Open Issuance, a stablecoin-as-a-service platform enabling businesses to issue tokens with ease.
• Reserves backed by major asset managers, including BlackRock and Fidelity, with infrastructure from Bridge.
• Part of a growing crypto-as-a-service trend, alongside Binance and Coinbase initiatives, as stablecoins and AI converge.

Global payments giant Stripe is doubling down on crypto, introducing a service that allows businesses to create and manage stablecoins in just days.

Stripe expands into stablecoin services

Stripe has unveiled Open Issuance, a new crypto tool designed to let companies launch and operate their own stablecoins with minimal coding. The service enables businesses to mint and burn tokens, tailor reserve structures between cash and treasuries, and choose preferred asset management partners.

“Businesses can build on top of stablecoins that they customize and control, so that the benefits of this important technology flow directly to the people and businesses using them.”

The infrastructure is powered by Bridge, a stablecoin-focused firm Stripe acquired in October 2024 for $1.1 billion. Reserves will be managed in partnership with BlackRock, Fidelity Investments, and Superstate, ensuring institutional-grade backing.

Regulatory push and market outlook

The announcement comes as the stablecoin sector flourishes under the Trump administration, following the passage of the GENIUS Act in July. The market has already ballooned to $300 billion, with the U.S. Treasury projecting growth to $2 trillion by 2028.

Reports also suggest Stripe is seeking a federal banking charter and a New York trust license to meet evolving U.S. regulatory standards.

Part of a larger crypto-as-a-service wave

Stripe’s stablecoin push aligns with a broader industry shift. On Monday, Binance launched a crypto-as-a-service platform for banks and brokerages, while Coinbase rolled out a similar service in June. These offerings aim to help traditional institutions integrate crypto without building systems from scratch.

Linking stablecoins to AI-driven commerce

Beyond payments, Stripe is also exploring AI-driven e-commerce. The company announced the Agentic Commerce Protocol, developed with OpenAI, to enable businesses to sell through AI agents while maintaining brand control.

The move echoes Circle’s partnership with Crossmint to expand USDC rails for AI-powered payments and reflects predictions by Coinbase developers that AI agents will become Ethereum’s largest onchain users in the future.

 

“Take control of your crypto portfolio with MARKETS PRO, DeFi Planet’s suite of analytics tools.”