List of Stablecoin Issuance projects on Base (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.

Ripio wFiat is a stablecoin issuance and virtual-account infrastructure platform that lets businesses integrate local-currency-pegged tokens and bank-linked accounts into their own products. It issues stablecoins pegged one-to-one to Latin American fiat currencies, backed by liquidity in major dollar-pegged stablecoins, and provides API access to virtual accounts connected to local banking rails. Fintechs, wallets, and exchanges use the platform to offer fiat-to-crypto conversion, cross-border settlement, and yield-bearing balances without building banking or issuance infrastructure themselves.

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.

Noon Protocol is a stablecoin platform that issues USN, a dollar-pegged token backed by delta-neutral trading strategies, and its staked counterpart sUSN. Users mint and redeem USN against supported collateral assets, then stake it into sUSN to accrue yield generated from the protocol's hedged deployment strategies. The platform also provides a token bridge for moving USN and sUSN across supported blockchains, an integrated swap function, and a rewards programme that incentivizes participation. Holders of the governance token can stake and vote to influence protocol parameters and treasury decisions. The product is accessed through a single web application covering issuance, staking, bridging, swapping, and governance.

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.

Yala is a stablecoin protocol that issues the $YU asset by letting users mint against over-collateralized BTC. Users lock Bitcoin to create YU, then use it across DeFi and real-world asset platforms for yield and liquidity. The system includes MetaMint, a peg stability module, conversion, and a stability pool to support liquidity, risk management, and redemptions.

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.

Fuze OS is a digital asset infrastructure platform that lets banks, fintechs, and other businesses embed crypto trading, custody, payments, and stablecoin services into their own products. It provides unified APIs for wallet creation, fiat and crypto account management, trading execution, and compliance monitoring. The platform handles order execution, custody orchestration, and reconciliation while giving operators a dashboard to track transactions and compliance events. It supports fiat-to-crypto conversion, cross-border settlement, and AI-assisted compliance automation. Businesses use it to launch branded trading, payment, and wallet experiences without building regulatory or custody infrastructure themselves.

Global USD is a cross-border business account that lets companies incorporated outside the United States hold, send, and receive US dollars without a US entity. Balances are held in USDSL, a dollar-pegged stablecoin backed by cash and short-term US Treasuries, which users mint and redeem against other major stablecoins. Businesses apply separately from US business banking, pass their own compliance review, and fund accounts from multiple blockchains or traditional payment rails. Approved accounts earn rewards on dollar balances and can add Global Cards, payment cards that convert USDSL to dollars at the point of sale.

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.

A stablecoin issuance platform providing fully collateralized ZAR-pegged tokens backed 1:1 by treasury reserves managed by Old Mutual Wealth, with monthly independent audit attestations and native deployment across EVM and non-EVM blockchains.

Walapay is API-first payment infrastructure that lets businesses issue virtual multi-currency accounts, move funds across fiat currencies and stablecoins, and manage customer compliance from a single integration. It supports fiat-to-fiat, fiat-to-stablecoin, stablecoin-to-fiat, and stablecoin-to-stablecoin transfers, combining traditional banking rails with stablecoin networks for cross-border settlement. Businesses such as fintechs, payment service providers, payroll platforms, and enterprise finance teams use it to collect, hold, and disburse funds globally, with automated KYC and KYB verification built into onboarding.

Streamex manages GLDY, a gold‑backed digital asset issued via a Cayman SPV, designed for accredited and whitelisted users. Each token is intended to represent one troy ounce of gold, with yield from institutional gold leasing paid as additional GLDY.