Kik founder’s latest app Flipcash first to tap Coinbase’s stablecoin-as-a-service platform

Coinbase has rolled out its Custom Stablecoin platform, enabling companies to launch branded stablecoins, with Kik founder's latest app Flipcash being the first to utilize this service. This move allows companies to create their own stablecoins using Coinbase's platform. The Custom Stablecoin platform was launched in late 2025.