East & Partners

Stripe and Brex Push Stablecoins Further Into Mainstream Finance

(30 September 2025 – Global) Payments giant Stripe and spend management firm Brex have each unveiled new products aimed at making stablecoins more accessible for businesses.

Stripe introduced Open Issuance, a platform that enables firms to create and manage their own stablecoins with minimal coding. The service, powered by Bridge – a stablecoin platform acquired by Stripe – gives businesses greater control over minting, burning and reserve management. Reserves are structured between cash, held by Lead Bank, and treasuries managed by BlackRock, Fidelity Investments and Superstate.

“If money movement is core to your business, you should build with stablecoins. But don’t build on top of someone else’s coin,” said Zach Abrams, CEO of Bridge. “With Open Issuance, businesses can build on top of stablecoins that they customise and control, so that the benefits of this important technology flow directly to the people and businesses using them.”

Brex, meanwhile, announced that customers will soon be able to accept and send stablecoins directly through their business accounts, with automatic USD conversion. The new functionality will also allow clients to pay card balances in stablecoins.

“Stablecoins make it possible to move millions of dollars across borders in seconds, but using them typically requires fragmented workflows and managing multiple platforms,” said Pedro Franceschi, CEO of Brex. “With today’s launch, forward-looking companies across industries, from AI to crypto, will manage their largest payments and mission-critical expenses on Brex, in a single, secure platform.”

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