Stripe Unveils Stablecoin Issuance Tool with Phantom’s Token, expands to AI Commerce with Openai
The giant stripe paid for a Stablecoin issuance platform and AI commerce tools at the New York Showcase on Tuesday, marked a push to tie its business to paying the growing role of digital dollars and artificial intelligence in online transactions.
Open the release, supported by the Stripecin stablecoin infrastructure platform stripe obtained for $ 1.1 billion Last year, companies provide companies to launch their own stablecoins, mininting and redemption of tokens with only a few lines of code.
The Phantom’s cash token, an open-loop stablecoin of the famous crypto wallet provider, was the first to debut through open release, the firm announced.
Recently-launched stablecoins of decentralized exchange The USDH of hyperliquid and Metamask’s Musd It will also be released by protocol, with many projects in the pipeline, the firm said.
“If the movement of money is primarily in your business, you should build with Stablecoins. But don’t build on the top of someone else’s coin,” Zach Abrams, co-founder and CEO of Bridge, said in a statement. “With open release, businesses can develop at the top of the stablecoins that they are customized and controlled, so that the benefits of this important technology are flowing directly to the people and businesses that use them.”
The providers can balance the reserves between wealth and cash, with the management of blackrock, fidelity, superstate and lead bank. The Stripe network ensures interoperability throughout the tokens and aims to offer lower conversion costs.
The AI part of the showcase centered on the Agentic Commerce Protocol, developed with chatgpt developer Openai. The offer provides for traders to transact AI agents while maintaining control over fulfillment and customer relationships, the firm said. Partners along with Microsoft Copilot and Anthropic also test the standard.
These products are launching a formation in a series of moves dedicated to the blockchain by stripe. In addition to getting the bridge, Stripe recently bought the crypto wallet provider Privy, expanding the in-house infrastructure tools of crypto. The firm is also employed in the crypto venture firm paradigbab to Build tempoA payment -dedicated blockchain designed to hold the scale transactions.
“With the arrival of Stablecoins and AI, we are in the morning of a new online economy,” Gaybrick, Stripe’s president and business president, said in a statement, adding that the company is focused on “pulling border technology outside of the mainstream experiment.”
Read more: Why Circle and Stripe (and many others) launch their own blockchains
