Suche
Stripe revolutionizes stable coins: Companies start their own currencies!
Stripe started the "Open Issuance" platform on October 1, 2025 to enable companies to issue their own stable coins.
Stripe revolutionizes stable coins: Companies start their own currencies!
On October 1, 2025, Stripe launched a platform called "Open Issuance", which enables companies to create their own stable coins. This innovation could significantly change the competitive landscape in the field of digital currencies because it is a direct challenge for the established market leaders Tether and Circle. Stripe has designed its infrastructure in such a way that it takes over the management of reserves, compliance and security, which enables a quick launch of digital currencies.
The introduction of Open Issuance is intended to create companies that range from financial technology companies to traditional banks to create their own, individually designed stable coins. A first partner in this initiative is Phantom Wallet, which introduces his cash stable coin for 15 million users. The platform enables the Issuers to adapt various aspects of their stable coins, including the supported blockchains and the functionality of smart contracts.
Interoperability and adaptability
Open Issuance is designed that stable coins are interoperable within their ecosystem. This enables immediate swaps on the blockchain, which significantly simplifies the integration and use of stable coins. Companies have the option of benefiting directly from the advantages of individual stable coin use by getting adjustment tools provided. Stripe emphasizes that the current dependence on Tether and Circle companies is based on fees and control problems that can be addressed by transformative technologies such as Open Issuance.
In addition, the platform enables a quick introduction of stable coins, often within a few days, which is of enormous advantage for companies in the dynamic cryptocurrency landscape. Many important players are already testing the new platform, including existing stable coins, which migrate from Bridge to Open Issuance, such as USDH from Hyperliquid and stable coins from the portfolio of Metamask, Dakota, Slash, Lava and Takenos.