Stripe unveils custom stablecoin issuance platform 'Open Issuance'

Source
JH Kim

Summary

  • Global payments platform Stripe reportedly unveiled 'Open Issuance', a platform that allows issuing custom stablecoins with minimal coding.
  • Stripe said it also introduced a service that integrates digital dollars and an AI commerce tool into online transactions.
  • The CASH token of the Phantom wallet will be the first issuance through Open Issuance, and HYPE's USDH and MetaMask's mUSD are also expected to be issued based on the platform.

On the 30th (local time), according to CoinDesk, a crypto asset (cryptocurrency) specialized media, global payments platform company Stripe unveiled a platform 'Open Issuance' that can issue custom stablecoins with minimal coding. It also introduced an AI commerce tool that integrates digital dollars and artificial intelligence (AI) into online transactions.

Stripe said the CASH token of the Phantom wallet will be the first case issued through the protocol.

Also, Hyperliquid (HYPE)'s USDH and MetaMask's mUSD are expected to be issued based on Open Issuance.

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JH Kim

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