Stripe Bets Big on Stablecoins, Eyes U.S. Charter

Fintech

Stripe Bets Big on Stablecoins, Eyes U.S. Charter

Stripe is accelerating its push into digital finance, announcing a slate of new services aimed at giving businesses direct access to the booming stablecoin market.

At the company’s New York showcase, executives highlighted more than 40 product upgrades, with one clear standout: a toolkit that lets firms issue their own tokens almost instantly.

This feature, branded Open Issuance, is the result of Stripe’s $1.1 billion acquisition of Bridge earlier this year. By plugging into the system, companies can design stablecoins backed by cash or treasuries, manage redemptions on demand, and route reserves through partners such as Fidelity, BlackRock, or Lead Bank. Stripe says issuers will also be able to pass on incentives to customers, while keeping the yield from underlying assets.

The timing is deliberate. Demand for stablecoins has jumped nearly 60% in the past twelve months, making them one of the fastest-growing areas of crypto adoption. Stripe is trying to capture this momentum not just with token issuance, but with broader merchant features: stablecoin subscriptions, settlement in crypto or fiat, and even spending directly through cards linked to reserves.

Beyond the technology, Stripe is preparing a major regulatory leap. According to industry reports, the company is seeking a U.S. national trust charter from the Office of the Comptroller of the Currency and a trust license in New York, moves that would put it on par with the most tightly supervised digital finance players.

Unlike Circle or Tether, however, Stripe insists it has no interest in minting a branded token – its model is to supply the rails, while charging a service fee to issuers.

Stripe’s ambitions mirror a larger shift in the market. Firms like Paxos, Ripple, and Circle are all chasing federal oversight to position themselves as long-term players in a regulated environment. If approved, Stripe’s entry could redefine competition, challenging the dominance of today’s leading stablecoin providers with a blend of fintech muscle and banking legitimacy.


The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.

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Alexander Zdravkov is a person who always looks for the logic behind things. He is fluent in German and has more than 3 years of experience in the crypto space, where he skillfully identifies new trends in the world of digital currencies. Whether providing in-depth analysis or daily reports on all topics, his deep understanding and enthusiasm for what he does make him a valuable member of the team.

Source: https://coindoo.com/stripe-bets-big-on-stablecoins-eyes-u-s-charter/