Stripe Launches Open Issuance Stablecoin Platform with CASH Token and AI Commerce Protocol with OpenAI

Payments leader Stripe has launched a groundbreaking stablecoin issuance platform and AI commerce solutions during its New York event, accelerating the integration of digital dollars and artificial intelligence into global payments. The Open Issuance platform, powered by Bridge infrastructure acquired for $1.1 billion, enables companies to create customized stablecoins using minimal code. Phantom's CASH token becomes the inaugural stablecoin on the platform, joined by Hyperliquid's USDH and MetaMask's mUSD, with additional projects in development. "Businesses should leverage stablecoins but maintain control through customized solutions," stated Bridge CEO Zach Abrams. Reserve management is handled by BlackRock, Fidelity, and other institutional partners, while Stripe's network ensures token interoperability and reduced conversion costs. The AI Commerce Protocol, developed with OpenAI, enables merchants to transact with AI agents while maintaining operational control, with Microsoft Copilot and Anthropic among early adopters. These developments follow Stripe's strategic acquisitions including Bridge and Privy, plus collaboration with Paradigm on Tempo blockchain. "We're bridging frontier technology into mainstream adoption," confirmed Stripe President Will Gaybrick.