Stripe Unveils Stablecoin Issuance Tool With Phantom’s CASH, Expands Into AI Commerce with OpenAI

With Open Issuance and AI outgo standards, Stripe is doubling down connected its stake connected the rising relation of blockchain and integer agents successful payments.

Updated Sep 30, 2025, 3:22 p.m. Published Sep 30, 2025, 3:14 p.m.

Payments elephantine Stripe unveiled a stablecoin issuance level and AI commerce tools astatine its New York showcase connected Tuesday, marking a propulsion to necktie its payments concern to the increasing relation of integer dollars and artificial quality successful online transactions.

Open Issuance, underpinned by stablecoin infrastructure level Bridge that Stripe acquired for $1.1 billion past year, enables firms to motorboat their ain stablecoins, minting and redeeming tokens with conscionable a fewer lines of code.

Phantom’s CASH token, an open-loop stablecoin by the fashionable crypto wallet provider, volition beryllium the archetypal to debut done Open Issuance, the steadfast announced.

The recently-launched stablecoins of decentralized speech Hyperliquid's USDH and MetaMask's mUSD volition besides beryllium issued done the protocol, with much projects already successful the pipeline, the steadfast said.

"If wealth question is halfway to your business, you should physique with stablecoins. But don't physique connected apical of idiosyncratic else's coin," Zach Abrams, co-founder and CEO of Bridge, said successful a statement. "With Open Issuance, businesses tin physique connected apical of stablecoins that they customize and control, truthful that the benefits of this important exertion travel straight to the radical and businesses utilizing them."

Issuers tin equilibrium reserves betwixt Treasuries and cash, with plus absorption handled by BlackRock, Fidelity, Superstate and Lead Bank. Stripe’s web ensures interoperability crossed tokens and aims to connection little conversion costs.

The AI broadside of the showcase centered connected the Agentic Commerce Protocol, developed with ChatGPT developer OpenAI. The offering allows merchants to transact with AI agents portion keeping power implicit fulfillment and lawsuit relationships, the steadfast said. Partners including Microsoft Copilot and Anthropic are besides investigating the standard.

These merchandise launches physique connected a bid of blockchain-focused moves by Stripe. In summation to acquiring Bridge, Stripe precocious bought crypto wallet supplier Privy, expanding its in-house crypto infrastructure tools. The steadfast is besides moving with crypto task steadfast Paradigm to develop Tempo, a payments-oriented blockchain designed to grip transactions astatine scale.

"With the advent of stablecoins and AI, we’re astatine the dawn of a caller online economy," Will Gaybrick, Stripe's president of exertion and business, said successful a statement, adding that the institution is focusing connected "pulling frontier exertion retired of the experimental into the mainstream."

Read more: Why Circle and Stripe (And Many Others) Are Launching Their Own Blockchains

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