According to PANews, financial technology leader Fiserv has announced its intention to launch a digital asset platform and stablecoin, FIUSD, by the end of 2025. The stablecoin will be integrated into Fiserv's existing banking and payment infrastructure, enhancing cross-chain compatibility through partnerships with Paxos and Circle. Initially, FIUSD will be deployed on the Solana blockchain.
The stablecoin will be made available at no cost to approximately 10,000 financial institutions and 6 million merchants covered by Fiserv. It will support compliance monitoring, risk management, and settlement control functionalities, aiming to streamline operations and enhance financial services.
