Stripe is making it easier for companies to launch and manage stablecoins, cutting the process down to just a few lines of code with the launch of Open Issuance.
The platform, powered by Bridge, the stablecoin infrastructure firm Stripe acquired earlier this year, allows businesses to issue and redeem their own tokens, set reserve mixes between cash and treasuries, and choose partners such as BlackRock, Fidelity Investments, and Superstate. Liquidity is supported by Lead Bank.
CASH, an open-loop stablecoin by Phantom, is the first to launch on Open Issuance.
Metamask’s mUSD and USDH, built by Native Markets for Hyperliquid, will also be issued on the platform.
Stripe said businesses can earn rewards for originating stablecoins and use those incentives to attract customers.
New features extend to payments as well. Recurring stablecoin payments are now supported, while the Optimised Checkout Suite accepts stablecoins by default.
Stripe turns to AI and agentic commerce
US businesses with Financial Accounts can hold balances, convert between fiat currencies, spend with a locally issued card, and send stablecoins cross-border to crypto wallets.
Stripe is also preparing for “agentic commerce” through the Agentic Commerce Protocol (ACP), developed with OpenAI.
ACP enables AI agents to complete purchases inside tools like ChatGPT’s Instant Checkout.
The standard is open and works even for merchants that do not process payments with Stripe.
Partners testing ACP include Microsoft Copilot, Anthropic, Perplexity, Vercel, Lovable, Manus, and Replit.
For AI companies, Stripe Billing now supports hybrid revenue models that mix subscriptions with usage-based pricing.
A new API tracks inference cost changes in real time, while Stripe Radar has been updated to block up to 62% of trial fraud, a growing issue for AI providers offering free access periods.
Among more than 40 additional launches, Stripe announced expanded tax collection in 102 countries, Link’s support for Klarna’s buy-now-pay-later service, a new iOS app-to-web checkout flow, and global availability of the Reader S710 with cellular connectivity.
Developers on platforms like Vercel and Replit can now embed Stripe sandboxes directly in their environments, while Stripe Connect has added adaptive pricing for 150 markets, integrated financing via Stripe Capital, and new verification tools for platforms.

“Across stablecoins and AI, Stripe’s role is to pull frontier technology out of the experimental and into the mainstream.
With the advent of stablecoins and AI, we’re at the dawn of a new online economy. And we’re relentlessly focused on channeling its many opportunities to help our customers grow.”
said Will Gaybrick, Stripe’s president, technology and business.

“If money movement is core to your business, you should build with stablecoins. But don’t build on top of someone else’s coin.
With Open Issuance, businesses can build on top of stablecoins that they customise and control, so that the benefits of this important technology flow directly to the people and businesses using them.”
said Zach Abrams, co-founder and CEO of Bridge.