INTRODUCING OPEN ISSUANCE FROM STRIPE AND BRIDGE

Summary from the TLDR Crypto newsletter

Bridge's Open Issuance is a platform that allows any business to create and manage custom stablecoins in just days while handling reserve management, security, liquidity, and GENIUS-ready compliance. It addresses the limitation of building on external stablecoin providers, where businesses face unpredictable fees and lack control over economics or product roadmaps. The platform enables full customization, including blockchain support, smart contract functionality, and reserve mix allocations balanced between cash and treasuries through partnerships with BlackRock, Fidelity, and Superstate, while providing tools for adoption. Open Issuance solves the liquidity challenge through a unified network where businesses can enable one-for-one interoperability swaps between Open Issuance stablecoins, expanding overall liquidity as new coins launch and allowing instant, permissionless onchain transactions without intermediaries. Existing Bridge-issued coins will migrate to the new platform.