Payments giant Stripe has introduced Open Issuance, a new solution for issuing stablecoins, along with AI-based tools for digital commerce.
A new infrastructure for digital assets
The platform is built on technology from Bridge, which Stripe acquired in October 2024 for $1.1 billion. It enables businesses to create their own digital assets “with just a few lines of code.”
The first token to launch through Open Issuance will be CASH, developed by the Phantom crypto wallet. Stablecoins USDH (Hyperliquid) and mUSD (MetaMask) will also be issued using the protocol.
Bridge co-founder and CEO Zack Abrams emphasized that companies should not rely solely on third-party coins:
“If money movement is at the core of your business, you should be building it with stablecoins. But don’t build on someone else’s coin. With Open Issuance, companies can issue assets they configure and control, ensuring the benefits of this technology go directly to the people and businesses using them.”
Reserve management and integrations
Issuers will be able to balance reserves between U.S. Treasury bonds and cash, with asset management provided by major financial institutions including BlackRock, Fidelity, Superstate, and Lead Bank.
Stripe also aims to simplify interoperability between different tokens and reduce conversion costs, improving the efficiency of stablecoin use in cross-border payments.
AI protocol for commerce
Stripe highlighted the Agentic Commerce Protocol, developed in collaboration with OpenAI. This solution allows merchants to interact with AI agents while retaining control over order fulfillment and customer relationships.
According to Stripe’s President of Technology and Business, Will Gaybrick, the combination of stablecoins and AI marks the beginning of a new era in the online economy:
“We are at the dawn of a new online economy. Our focus is on moving cutting-edge technologies from the experimental phase to mass adoption.”
Outlook
Stripe CEO Patrick Collison previously noted in September that stablecoins are rapidly gaining popularity. He stressed that they provide faster, cheaper, and more reliable payments compared to traditional financial systems.
With the launch of Open Issuance, Stripe is building infrastructure that could reshape the global financial ecosystem and accelerate the mainstream adoption of digital currencies in business processes.
