Overview

• Fiserv plans to introduce its FIUSD stablecoin and digital asset platform by the end of 2025, built on the Solana blockchain.
• Technology partners Circle and Paxos will support FIUSD issuance and the token is designed to interoperate with other major stablecoins.
• Collaboration with PayPal will enable seamless transfers between FIUSD and PayPal USD for cross-platform payments.
• The digital asset platform is expected to serve about 10,000 financial institutions and six million merchant locations worldwide.
• Fiserv shares climbed more than 6 percent in premarket trading as the stablecoin market cap jumped 8 percent over the past week to $271 billion.