Stripe Unveils “Open Issuance” to Let Any Business Launch a Stablecoin
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Stripe is expanding its crypto footprint with a new tool called Open Issuance, designed to let any business issue and manage its own stablecoin “with just a few lines of code.”
Companies can mint and burn coins, customize reserves between cash and treasuries, and select their preferred partners. The service is powered by Bridge — the $1.1 billion stablecoin infrastructure firm Stripe acquired in 2024 — and reserve assets will be managed by BlackRock, Fidelity and blockchain asset manager Superstate.
Stripe says businesses could launch a stablecoin in days rather than months, eliminating the need to build complex reserve, liquidity and compliance systems in-house.