Fiserv is set to launch the digital asset platform and stablecoin FIUSD in 2025

On June 23, Fiserv – the fintech giant, announced plans to launch the digital asset platform and stablecoin FIUSD before the end of 2025. This will be a strategic advancement, closely integrated into Fiserv's current banking and payment ecosystem.

FIUSD – The optimal stablecoin for traditional financial systems

The FIUSD stablecoin is expected to operate on-chain on the Solana blockchain, leveraging its scalability advantages and fast transaction processing speed. Moreover, FIUSD will enhance cross-chain interoperability capabilities thanks to partnerships with Paxos and Circle – two giants in the stablecoin and blockchain technology fields.

Unlocking usage potential with millions of partners

The FIUSD platform will open up access for about 10,000 financial institutions and 6 million retailers within Fiserv's network completely free of charge. Notably, this product not only simplifies transactions in cryptocurrency but also integrates compliance control tools, risk management, and payment control to ensure transparency and safety.

The impact of FIUSD on the cryptocurrency market

The launch of FIUSD is expected to promote the application of cryptocurrency in traditional banking, expand liquidity margins, and reduce transaction costs. This platform also helps millions of businesses access digital payment methods, thereby enhancing operational efficiency and minimizing asset conversion risks.

Conclusion

Fiserv with the digital asset platform and stablecoin FIUSD deeply integrated into the banking-payment ecosystem, promising to create a significant boost for the adoption of cryptocurrency in traditional finance. Investing in and developing FIUSD also brings benefits in security, compliance control, and reduces operational costs for tens of thousands of financial institutions, contributing to the digital transformation in this field.

Source: https://tintucbitcoin.com/fiserv-ra-mat-fiusd-va-nen-tang-ky-thuat-so/

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