Stripe has unveiled its most ambitious push yet into blockchain and artificial intelligence, introducing a stablecoin issuance platform alongside new AI-driven commerce standards at its New York showcase.
The stablecoin initiative, branded Open Issuance, is powered by Bridge, a platform Stripe acquired last year for $1.1 billion. The service enables businesses to create, mint, and redeem their own stablecoins with minimal code, giving firms greater control over liquidity and token design. Stripe positioned the move as a way to help companies capture the efficiencies of digital dollars without being dependent on third-party issuers.
The first token through the system will be Phantom’s CASH, an open-loop stablecoin developed by the crypto wallet provider. Additional issuers already confirmed include Hyperliquid’s USDH and MetaMask’s mUSD, with more projects in the pipeline. Stripe said reserve management can be tailored between Treasuries and cash, with partners like BlackRock, Fidelity, Superstate, and Lead Bank handling custody and asset oversight.
On the AI side, Stripe showcased the Agentic Commerce Protocol, built in partnership with OpenAI. The standard is designed to let merchants interact with AI agents such as Microsoft Copilot and Anthropic’s models while retaining control of fulfillment and customer relationships. The protocol aims to turn autonomous AI transactions into a mainstream business channel rather than an experimental concept.
These launches extend Stripe’s growing blockchain footprint. Beyond acquiring Bridge, the company recently purchased wallet provider Privy and is collaborating with venture firm Paradigm on Tempo, a blockchain optimized for payments at scale.
“With the advent of stablecoins and AI, we’re at the dawn of a new online economy,” said Will Gaybrick, Stripe’s president of technology and business. “Our goal is to pull frontier technology out of the lab and into everyday commerce.”
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