Global payments giant Stripe is allowing businesses to launch their own stablecoins with minimal effort. The new service, called Open Issuance, promises companies they can mint and manage stablecoins “with just a few lines of code.”
Stripe explained that Open Issuance will let businesses freely mint and burn coins, customize reserves, choose partners, and decide the ratio between cash and treasuries. The tool is powered by Bridge, a stablecoin infrastructure company Stripe acquired for $1.1 billion in October 2024. Asset management giants BlackRock, Fidelity Investments, and Superstate will handle the treasuries behind the reserves. Lead Bank will hold the cash to provide liquidity when necessary.
According to Stripe, businesses can launch a new stablecoin in just a few days. It also stated that, “Businesses can generate rewards for originating stablecoins on their platform, and use earnings from these rewards to incentivize their customers.”
Stripe claims that the model minimizes the obstacles associated with building a stablecoin internally, which is usually accompanied by compliance, liquidity, and reserve management issues.
Stablecoins gaining mainstream ground
Interest in stablecoins has surged under the crypto-friendly U.S. President Donald Trump’s administration. In July, the GENIUS Act was signed, which brought regulatory clarity, pushing the market to almost $300 billion. The U.S. Treasury expects that figure to soar to $2 trillion by 2028.
Moreover, Stripe is pursuing a federal banking charter and a trust license in New York to comply with U.S. regulatory requirements, according to The Information.
Risks and industry trend
Stablecoins are fast and efficient, but they are also associated with risks related to managing reserves and regulation. Stripe believes that its infrastructure-based model will reduce those risks to businesses.
This launch also follows a wider industry trend. Just a day earlier, Binance rolled out a white-label “crypto-as-a-service” solution for banks and brokerages.
With Open Issuance, Stripe is positioning itself as a leader in crypto infrastructure, making stablecoin adoption faster, safer, and more accessible for businesses worldwide.