🪙 Fiserv to Launch FIUSD Stablecoin Amid Regulatory Shift
Fiserv has announced plans to launch its own stablecoin, FIUSD, by the end of the year. The move comes just after the U.S. Senate passed the landmark GENIUS Act, signaling a major step toward clearer crypto regulation and mainstream adoption.
FIUSD will be integrated into Fiserv’s existing banking and payment infrastructure, with technical support from Paxos and Circle. Shares of Circle jumped 15% following the news, while Fiserv and PayPal also saw modest gains.
The fintech giant is also partnering with PayPal to ensure interoperability between FIUSD and PYUSD, aiming to simplify domestic and international fund transfers. Analysts call this a strong signal of Fiserv’s innovation and growing trust in stablecoin utility. 🚀
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