Payments giant Stripe unveiled a stablecoin issuance platform and AI commerce tools at its New York showcase on Tuesday, marking a push to tie its payments business to the growing role of digital dollars and artificial intelligence in online transactions.

Open Issuance, underpinned by stablecoin infrastructure platform Bridge that Stripe acquired for $1.1 billion last year, enables firms to launch their own stablecoins, minting and redeeming tokens with just a few lines of code.

Phantom’s CASH token, an open-loop stablecoin by the popular crypto wallet provider, will be the first to debut through Open Issuance, the firm announced.

The recently-launched stablecoins of decentralized exchange Hyperliquid's USDH and MetaMask's mUSD will also be issued through the protocol, with more project

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