List of Stablecoin Issuance projects on Arbitrum (2026)

Ethena Protocol is a synthetic dollar issuance platform built on Ethereum that mints and manages USDe through delta-hedging strategies using crypto assets and derivatives positions. It maintains price stability by pairing spot collateral with offsetting short futures positions, and it integrates USDtb, a dollar token backed by tokenized short-duration treasury funds and issued by a separate regulated entity, as a reserve and backing asset alongside USDe. Users can stake USDe to receive sUSDe, a reward-accruing savings asset that increases in value as protocol revenue accrues. The protocol also operates a stablecoin-as-a-service offering that lets other businesses launch their own branded stablecoins backed by USDe, USDtb, and other reserve assets while drawing on the same issuance and liquidity infrastructure.

Open Issuance is a stablecoin issuance platform enabling businesses to use Bridge's USDB stablecoin or create custom branded stablecoins through a unified API. The system supports customizable reserve allocations between cash and treasuries managed by BlackRock, Fidelity Investments, and Superstate, with businesses earning rewards from reserves. The platform provides interoperability between issued stablecoins through one-to-one token swaps, GENIUS-ready compliance handling, and security controls including blacklists and whitelists.

Brale Stablecoin Issuance API enables programmatic minting and redemption of regulated stablecoins across multiple blockchains, supporting USD and USDC funding with automated compliance and treasury management.

FDUSD Platform is a multichain stablecoin issuance system that creates USD-backed digital currency across multiple blockchains. The platform maintains 1:1 USD backing through regulated custodians and provides institutional minting and redemption services with zero fees for qualified participants.

An issuance of regulated electronic money tokens backed by fiat deposits in segregated accounts, issued on public blockchains under EU e-money and MiCA regulations by a licensed Electronic Money Institution.

VNX facilitates token generation, exchange services, and custody for fiat-referenced tokens and gold-backed assets through a regulated digital infrastructure supporting multichain deployments and KYC compliance.

Glo Dollar is a fiat-backed stablecoin issuing protocol that maintains 1:1 USD redemption through cash and US Treasury reserves. The system channels revenue from reserve investments to charitable organizations selected by USDGLO holders through on-chain voting. Issued by Brale Inc. under US regulation with monthly independent attestations.

AllUnity is a BaFin-regulated e-money institution that issues MiCAR-compliant, fully reserved stablecoins. The platform manages EURAU and CHFAU, each backed 1:1 by segregated fiat reserves held at regulated credit institutions. Minting and redemption are processed through the AllUnity Mint Platform, connecting bank accounts to blockchain wallets without API integration.

Stable Mint is a stablecoin issuance platform that issues and manages USDSM and EURSM electronic money tokens under MiCA regulation. The platform enables users to hold multi-currency stablecoin balances, send payments via SEPA and SWIFT, convert between EUR and USD stablecoins, and redeem tokens at par value on demand.

Beanstalk Protocol is a credit-based peg maintenance mechanism for Bean stablecoin issuance through dynamic monetary policy adjustments. The system utilizes the Silo for yield-generating deposits, the Field for credit facility operations issuing Pods as debt instruments, and the Barn for distributing Bean rewards to Fertilizer token holders. The protocol executes automated peg maintenance through Season-based updates that adjust Temperature parameters, Soil issuance, and Bean minting based on price oracle data from decentralized exchanges.

Regulated platform issuing and managing Japanese Yen (GYEN) and US Dollar (ZUSD) stablecoins on multiple blockchains.