Stripe Launches Open Issuance for Swift Stablecoin Creation
Stripe, the global technology company, has unveiled Open Issuance, a new service enabling businesses to launch their own stablecoins swiftly and with minimal effort. This move follows Stripe's acquisition of Bridge, a stablecoin infrastructure company, for $1.1 billion. The service has already garnered interest from asset management giants like BlackRock and Fidelity Investments.
Open Issuance allows businesses to mint, burn, and adjust reserves of their stablecoins, choose partners, and determine the ratio between cash and securities. The Lead Bank, a prominent financial institution, will hold cash reserves to ensure liquidity, while asset management firms like BlackRock and Fidelity Investments will handle the securities behind the reserves. Businesses can launch new stablecoins in just a few days, thanks to this streamlined process.
The stablecoin market has witnessed significant growth, reaching nearly $300 billion in July 2025 under the crypto-friendly administration of former US President Donald Trump. The US Treasury Department projects the stablecoin market today to reach $2 trillion by 2028. Stripe is positioning itself to capitalize on this growth by seeking a federal banking charter and trust license in New York to comply with US regulatory requirements.
Stripe's Open Issuance service simplifies the process of launching stablecoins, attracting major asset management firms and businesses. With the stablecoin market expected to reach $2 trillion by 2028, Stripe's move could significantly impact the stock market today. The company's pursuit of regulatory compliance further solidifies its commitment to the stablecoin sector.
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