Stripe has just launched Open Issuance, a turnkey solution allowing businesses to create, issue, and manage their own stablecoins. The goal is clear: to simplify access to tokenised finance and make creating a stablecoin as easy as a SaaS service.
With just a few lines of code, a company can now launch its token, control its issuance, manage redemptions, and monitor the associated reserves.
How does Open Issuance work?
The tool offers several innovative features:
- Rapid stablecoin creation: businesses can set up their token in a few days instead of developing complex infrastructure.
- Reserve management: choice of the ratio between cash and Treasury bills to guarantee stability.
- Secure partnerships: reserves can be entrusted to recognised financial managers to ensure transparency.
- Flexible use: token issuance or destruction as needed, customisation of governance rules, and the ability to use stablecoins as a loyalty tool.
This solution is based on the infrastructure of Bridge, a company specialising in stablecoins recently integrated by Stripe.
The “crypto-as-a-service” model is gaining ground
Stripe’s initiative is part of the growing crypte-as-a-service trend, where traditional businesses can integrate blockchain services without building their own technology.
With Open Issuance, Stripe allows any company to add stablecoin payments to its business model. This paves the way for concrete uses such as:
- e-commerce with stablecoin payments,
- blockchain-based loyalty programs,
- fast and inexpensive international transactions.
At the same time, Stripe is working on the Agentic Commerce Protocol, a solution that combines artificial intelligence and stablecoin payments to automate the customer experience.
Advantages and limitations of Stripe’s stablecoin tool
Advantages:
- Quick and easy access to stablecoin issuance.
- Reduced risk by delegating reserve management.
- Direct integration into existing payment and e-commerce solutions.
- Opens up opportunities for companies seeking to enter decentralised finance (DeFi).
Limitations:
- Stablecoin regulation remains strict and varies by jurisdiction.
- User confidence will depend on reserve transparency.
- The success of the initiative will depend on Stripe’s ability to obtain the necessary licenses to operate globally.
Conclusion: A step towards the democratisation of stablecoins
With Open Issuance, Stripe provides a concrete response to a market need: allowing businesses to create their own stablecoin without in-depth technical expertise. This innovation could accelerate the adoption of tokenised payments, transform loyalty programs, and strengthen the role of stablecoins in e-commerce.
If trust and regulation follow suit, Stripe’s tool could become an essential reference for companies wishing to integrate into the blockchain economy.
