Open Issuance
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Stripe Launches USDC Recurring Subscription Payments on Polygon, Base
Yahoo Finance· 2025-10-14 21:19
Core Insights - Stripe has launched recurring subscription payments using USD Coin for US businesses, initially on the Polygon and Base blockchains, targeting companies with recurring revenue models like AI platforms and Web3 services [1][6] Group 1: New Features and Technology - The new feature employs a smart contract that allows customers to save a crypto wallet for recurring debits, eliminating the need for manual transaction approvals, although security will be evaluated by independent firms [2] - Stripe's initiative to simplify subscription payments is part of a broader strategy to build a stablecoin ecosystem, including the "Open Issuance" platform that enables businesses to launch their own stablecoins [4] Group 2: Regulatory and Market Position - Stripe is pursuing federal regulatory oversight through its subsidiary Bridge, which has applied for a national bank trust charter, aligning with other major players in the stablecoin sector [3] - The stablecoin market is experiencing significant growth, with a total market cap exceeding $293 billion and monthly transfer volumes reaching $3.7 trillion, positioning Stripe to capture a share of this expanding digital economy [6] Group 3: Company Background and Strategy - Stripe has a history of providing essential financial tools for the crypto industry, focusing on developer-friendly products that enable firms to launch innovative financial services without managing payment complexities [5]
X @Cointelegraph
Cointelegraph· 2025-10-01 06:30
🔥 NEW: Stripe's Bridge introduces Open Issuance, a platform allowing businesses to launch and manage their own stablecoins. https://t.co/Rzl2CK8tmg ...
Stripe Bridge Unveils Stablecoin Platform – Can Any Business Now Mint Its Own Token?
Yahoo Finance· 2025-09-30 18:42
Core Insights - Stripe is launching Open Issuance, a platform that enables businesses to create and manage their own stablecoins through its subsidiary Bridge [1][2] - The current stablecoin market is dominated by issuers like Tether and Circle, which limits businesses' ability to customize their digital assets [2] - Open Issuance allows companies to mint and burn tokens, customize reserve structures, and earn rewards on their holdings [2][5] Business Model and Features - Open Issuance provides a shared liquidity network for one-for-one swaps between stablecoins, addressing liquidity challenges for new issuers [3] - Phantom Wallet, with over 15 million users, is the first major client to launch a native stablecoin called CASH on the platform [4] - Businesses can launch a stablecoin in days, with Bridge managing security, compliance, and liquidity [5] Strategic Developments - The announcement follows Stripe's acquisition of Bridge in February 2025, aimed at scaling digital dollar solutions for businesses [6] - Stripe has been enhancing its crypto capabilities, including acquiring wallet infrastructure startup Privy and launching a Bitcoin rewards credit card in partnership with Visa [7]
X @Messari
Messari· 2025-09-30 16:14
Stripe has announced the launch of Open Issuance, a new platform enabling businesses to launch and manage their own stablecoins.aj (@0xwatercup):Big launch from StripeStablecoins as a service, with reserve yield passed on to creators minus a 0.5% platform feeCreators have full control over mint/burn fees and reserve allocations1:1 convertibility between Open Issuance stablecoins reduces liquidity bootstrapping pains https://t.co/X6w0wMTQzs ...
X @Wu Blockchain
Wu Blockchain· 2025-09-30 16:00
Stripe has launched Open Issuance, a stablecoin platform debuting with Phantom’s CASH. It lets businesses issue and redeem their own stablecoins with minimal code, with custody by BlackRock, Fidelity, and others. Stripe also partnered with OpenAI to launch Agentic Commerce Protocol, enabling merchant–AI agent transactions.https://t.co/iKHwDQHd5u ...
Stripe Unveils Stablecoin Issuance Tool With Phantom’s CASH, Expands Into AI Commerce with OpenAI
Yahoo Finance· 2025-09-30 15:14
Core Insights - Stripe has launched a stablecoin issuance platform called Open Issuance, aiming to integrate its payment services with digital currencies and AI in online transactions [1] - The platform allows businesses to create their own stablecoins easily, leveraging the stablecoin infrastructure from Bridge, which Stripe acquired for $1.1 billion [1][3] - The first stablecoin to be issued through Open Issuance will be Phantom's CASH token, with additional projects like Hyperliquid's USDH and MetaMask's mUSD also in the pipeline [2] Stablecoin Issuance - Open Issuance enables firms to mint and redeem stablecoins with minimal coding, allowing for customization and control over the tokens [1][3] - Issuers can manage reserves between Treasuries and cash, with asset management support from firms like BlackRock and Fidelity [3] - Stripe's network aims to provide interoperability across different tokens and reduce conversion costs [3] AI Commerce Tools - The showcase included the Agentic Commerce Protocol, developed in collaboration with OpenAI, which allows merchants to engage in transactions with AI agents while maintaining control over fulfillment and customer relationships [4] - Partners such as Microsoft Copilot and Anthropic are currently testing this AI commerce standard [4] Blockchain Initiatives - The launch of Open Issuance and AI tools is part of Stripe's broader strategy to enhance its blockchain capabilities, following its acquisition of crypto wallet provider Privy [5] - Stripe is also collaborating with crypto venture firm Paradigm to develop Tempo, a blockchain designed for scalable transactions [5] Future Outlook - Stripe's president of technology and business, Will Gaybrick, emphasized that the integration of stablecoins and AI marks the beginning of a new online economy, with a focus on mainstream adoption of frontier technologies [6]