Stripe is advancing its involvement in the cryptocurrency sector by unveiling a new tool that simplifies the creation and management of stablecoins for businesses. This development signals a growing trend among traditional financial and tech giants to integrate blockchain solutions, particularly stablecoins, into their offerings amid increasing regulatory clarity and rising market demand.
- •Stripe introduces “Open Issuance,” enabling businesses to easily launch and manage their own stablecoins with minimal coding.
- •The service leverages Bridge, a stablecoin infrastructure firm acquired by Stripe for $1.1 billion, with treasuries managed by top asset managers like BlackRock and Fidelity.
- •Stripe is also seeking a federal banking charter and a trust license to comply with U.S. stablecoin regulations.
- •The stablecoin market has surged to $300 billion, with projections reaching $2 trillion by 2028.
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Global payments giant Stripe is ramping up its blockchain engagement with a new service designed to democratize stablecoin issuance. Named “Open Issuance,” the platform aims to equip any business with the tools to deploy and manage their own stablecoins—digital tokens typically pegged to traditional assets—using simple integration processes. This move underscores the increasing mainstream acceptance of cryptocurrency technology by established firms seeking to leverage blockchain’s potential for seamless, secure transactions.
The service, announced as part of a broader suite of over 40 new offerings, will be supported by Bridge, a stablecoin infrastructure provider acquired by Stripe for $1.1 billion last October. Treasuries backing these tokens will be managed by heavyweight asset managers such as BlackRock, Fidelity Investments, and blockchain‑based asset manager Superstate—highlighting a strong institutional commitment to legitimizing stablecoins.
Recent regulatory developments have further catalyzed industry interest in stablecoins. The U.S. Congress approved the stablecoin‑regulating GENIUS Act in July, fueling a market that has ballooned to approximately $300 billion. The U.S. Treasury projects the stablecoin market could grow to $2 trillion by 2028, reflecting widespread adoption across finance and technology sectors.
Meanwhile, Stripe is actively pursuing a federal banking charter and a trust license from New York’s financial regulators to navigate U.S. stablecoin regulations effectively. Industry insiders see this as a strategic move to bolster compliance and expand their crypto services in the regulatory landscape.
Rapid Deployment of Stablecoins for Businesses
Stripe emphasizes that companies can launch stablecoins within days of adopting Open Issuance. The platform enables businesses to create incentives, rewards, and use earnings to engage their customers effectively. The company claims this approach offers fewer risks compared to building a stablecoin system from scratch, such as managing reserves, compliance, and liquidity issues.
Crypto-as-a-Service Gains Traction
Stripe’s initiative is part of a broader shift towards “crypto-as-a-service” solutions, which are gaining popularity among traditional firms. Notably, Binance rolled out a crypto-as-a-service platform for financial institutions earlier this week, providing access to spot and futures markets, liquidity pools, custody solutions, and compliance tools without the need to develop infrastructure independently. Similarly, Coinbase has launched its own offering in this space, reflecting an industry-wide move toward providing API‑driven crypto services to legacy financial institutions.
Innovative E-commerce with AI and Stablecoins
This week also marked the launch of Stripe’s Agentic Commerce Protocol, an AI‑powered platform built in collaboration with OpenAI. It allows merchants to operate AI agents capable of selling products while maintaining control over their branding and customer relationships. This innovative integration of stablecoins and AI is seen as a key step toward transforming the future of digital commerce, supporting payments via programmable tokens like USDC, and further enabling on‑chain e‑commerce applications.