What is the Open Issuance Protocol?

Open Issuance Protocol is a platform backed by Stripe that lets developers and businesses create their own stablecoin. It integrates Phantom's CASH token, supports mUSD/uSDH staking, and connects to AI-commerce with OpenAI.

How do I launch a stablecoin with Open Issuance?

To launch a stablecoin, connect your wallet on the Open Issuance platform, set your reserves, and mint tokens. The process is secure, developer-friendly, and backed by Stripe infrastructure.

What is Phantom’s CASH token?

Phantom’s CASH token is the first stablecoin issued through Open Issuance. It is designed for everyday payments and integrates seamlessly with DeFi staking on mUSD and uSDH pools.

Does Open Issuance support DeFi staking?

Yes. Users can stake mUSD and uSDH tokens directly through the Open Issuance ecosystem, earning rewards while maintaining liquidity.

Open Issuance Protocol – Launch Stablecoins with Stripe & Phantom CASH

With the Open Issuance Platform, powered by Stripe, any business or developer can launch a stablecoin in days. Integrate Phantom’s CASH token, enable cross-chain interoperability, unlock mUSD and uSDH staking, and bring new DeFi financial experiences directly to market faster than ever.

Launch app

Staking

Bridge

Trusted by industry leading companies

CASH

mUSD

USDH

DKUSD

USDSL

LavaUSD

TAKO

Create a Stablecoin with Open Issuance

Design your stablecoin with full control — choose reserve backing, blockchain integration, and reward allocation. The Open Issuance Protocol lets you build a custom asset that matches your financial model and unlocks DeFi opportunities.

Tap into the Global Open Issuance Ecosystem

Every stablecoin launched with Open Issuance is interoperable and benefits from shared liquidity. Enable seamless swaps between tokens, integrate with Phantom’s CASH, and give your users access to mUSD and uSDH staking pools.

Launch Fast with Stripe & Bridge Support

Focus on growth while the Open Issuance Platform handles liquidity, reserves, and compliance. With Stripe onramps and Bridge launch tools, your stablecoin can reach market in days — ready for DeFi, AI-commerce, and mass adoption.

“At Phantom, our mission was to create the most user-friendly stablecoin experience. Existing options couldn’t deliver the speed, security, or integrations we needed. By building the CASH token on the Open Issuance Protocol with support from Stripe and Bridge, we launched a stablecoin that is accessible, interoperable, and optimized for both consumers and developers across DeFi.”

Brandon Millman
Co-founder and CEO
Phantom

“The Open Issuance Protocol is transforming how stablecoins and value flow across the digital assets ecosystem. By partnering with Bridge and Stripe, we deliver trusted, scalable on-chain and off-chain reserve management. This foundation empowers builders to launch stablecoins, integrate Phantom’s CASH token, and connect directly with DeFi staking in mUSD and uSDH.”

Jon Steel
Global Head of Product & Platform
BlackRock Cash Management

Who we serve

Open Issuance supports every stablecoin use case

Fintechs & Neobanks

Use the Open Issuance Protocol to integrate stablecoins into your neobank, wealthtech, or lending app. Enable faster global payments, branded tokens, and seamless access to DeFi rewards like mUSD and uSDH staking.

Crypto Platforms

Launch your own stablecoin with Stripe and Phantom’s CASH token. Cut costs, boost engagement, and give users new DeFi product experiences powered by interoperable stablecoins.

Enterprises

Create branded loyalty currencies, improve cross-border payments, and reduce treasury costs with stablecoin issuance. Open Issuance provides enterprise-grade tools for global finance and AI-commerce integrations.

Banks

Accelerate interbank settlements, free up idle liquidity, and issue interoperable stablecoins backed by Stripe’s infrastructure. Open Issuance for banks enables faster, safer, and lower-cost financial rails.

Launch your stablecoin with the Open Issuance Protocol

A complete stablecoin issuance platform backed by Stripe and Bridge. Built-in rewards, reserve management, and enterprise-grade security let you focus on adoption while users benefit from Phantom’s CASH token, mUSD/uSDH staking, and instant liquidity.

Maximize rewards with DeFi

Allocate reserves across cash, treasuries, or on-chain assets and optimize yield. Stream daily earnings, connect with mUSD and uSDH staking pools, and increase user engagement through automated reward distribution.

Build with Stripe-level security

Protect transactions with blacklists, whitelists, and closed-loop stablecoin issuance. Open Issuance ensures compliance and resilience so your stablecoin is safe for global DeFi and enterprise use.

Distribute from day one

Boost adoption instantly with Stripe onramps, wallets, cards, and offramps. Whether you launch Phantom’s CASH token or your own branded stablecoin, Open Issuance connects you to users worldwide from day one.

Trusted reserve partners

Stablecoins launched on Open Issuance are backed with institutional-grade reserves. Manage assets with Blackrock, Fidelity, and Superstate integrations, ensuring transparency and trust across the Open Issuance Protocol ecosystem.

Scale with the Open Issuance Network

Design your own stablecoin on the Open Issuance Protocol and keep it fully interoperable with other tokens in the network. Unlock shared liquidity, enable instant conversions, and give users seamless access to DeFi adoption across Phantom’s CASH, mUSD, uSDH and more.

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Services for EEA residents are provided under terms of service with Bridge Building Sp. Z.o.o., KRS: 0001039515, RDWW-794