Global payments firm Stripe is enhancing its crypto services with a new tool called “Open Issuance”. This tool allows businesses to create and manage their own stablecoins using only a few lines of code. Companies can mint and burn coins, customize their reserves, and choose partners. The service is backed by Bridge, a stablecoin infrastructure company that Stripe acquired for $1.1 billion, with asset management firms like BlackRock, Fidelity Investments, and Superstate managing treasuries.

Interest in stablecoins has grown among financial companies, especially since the Trump administration passed the GENIUS Act to regulate them. The stablecoin market has surged to $300 billion, and the US Treasury predicts it may reach $2 trillion by 2028. Stripe is also seeking a federal banking charter and a trust license to comply with the US stablecoin regulations.

Businesses using Open Issuance can launch stablecoins quickly and create rewards, using earnings to motivate their customers. Stripe claims its solution is less risky than creating stablecoins in-house, which can present issues with reserve management, compliance, and liquidity. Stripe’s service follows a trend where traditional companies are becoming more comfortable with crypto, similar to offerings from Binance and Coinbase, which have launched their own crypto-as-a-service solutions for other financial institutions.

Additionally, Stripe unveiled the Agentic Commerce Protocol, powered by AI, enabling merchants to sell through AI agents while keeping control of their brand and customer relationships. As part of expanding stablecoin use, Circle is collaborating with Crossmint, and experts suggest that AI agents will drive significant growth in e-commerce via Ethereum.