Stripe’s Bridge Launches Platform for Businesses to Create Custom Stablecoins
Payment giant Stripe has unveiled Open Issuance, a platform enabling businesses to mint and manage their own stablecoins within days. The solution liberates companies from reliance on major stablecoin providers, offering customizable economics and reserve rewards while handling compliance under the GENIUS Act.
Phantom, a crypto wallet with 15 million users, is the first major adopter. Its CASH stablecoin transforms the wallet into a full-fledged money app, enabling instant bank funding, feeless crypto trades, and Visa-powered payments via Apple Pay and Google Pay.