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Just In: $90B Financial Services Giant Fiserv To Launch FIUSD Stablecoin

Fiserv to launch FIUSD stablecoin by end of 2025, offering blockchain payments to 10K banks, 6M merchants, with no added client cost.
Just In: $90B Financial Services Giant Fiserv To Launch FIUSD Stablecoin

Highlights

  • Fiserv to launch FIUSD stablecoin by 2025, integrating it across 10K banks and 6M merchants.
  • FIUSD will run on Solana, backed by Paxos and Circle for compliant, low-cost payments.
  • Launch follows GENIUS Act approval, as U.S. sets clear stablecoin regulations.

Fiserv, a payments and financial services technology firm has announced the launch of a new stablecoin named FIUSD. The company plans to integrate this stablecoin into its digital asset platform and banking infrastructure by the end of 2025.

FIUSD will allow access to blockchain-based financial services by banks and merchants in a stable and regulated environment. Fiserv intends to provide this service free of charge to its consumers, making the process of transferring digital assets simpler and quicker over its global network.

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Fiserv To Launch FIUSD Stablecoin

Fiserv confirmed that FIUSD will operate on the Solana blockchain. The stablecoin will work with infrastructure from Paxos and Circle, two regulated providers with experience in issuing digital currencies.

The firm will employ its current systems to assist FIUSD. It enables financial institutions and merchants to integrate the stablecoin into their existing business without an alteration to its operations. Around 90 billion transactions flow into the Fiserv network on a yearly basis, which reaches in total approximately 10,000 banks and six million merchant locations.

Fiserv COO Takis Georgakopoulos said,

“With our scale, reach, and technology leadership, Fiserv is uniquely positioned to advance stablecoin-powered payments.”

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Regulatory Climate and Market Timing

The launch of FIUSD comes soon after the U.S. Senate passed the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act.

The bill aims to establish clear rules for issuing and using stablecoins.

President Donald Trump has asked the House to pass the GENIUS Act quickly. Many experts believe this new law could help U.S. dollar-pegged stablecoins strengthen the Dollar’s role globally.

Partnerships and Network Integration

Paxos will provide the infrastructure to issue and manage FIUSD. The company is already regulated and has experience with large-scale digital asset programs. Paxos Head of Strategy Walter Hessert said, “Our platform—combined with Fiserv’s extensive network—will enable instant, borderless, and compliant payment solutions.”

Circle, which issues the USDC stablecoin, will also support FIUSD’s development. Circle President Heath Tarbert said, “Together, we will work to unlock the next frontier of money movement.”

Fiserv plans to make FIUSD interoperable with other major stablecoins. The company is also considering the use of tokenized deposits to give banks a more capital-friendly solution that keeps the speed and stability of blockchain transactions.

Fiserv’s Stock Price Jumps 6% on Stablecoin News

Fiserv’s announcement led to a 6% rise in its stock price during premarket trading. The stablecoin market also grew 8% in the past week, reaching a total market capitalization of $271 billion, based on DefiLlama data.

Despite this optimism, earlier last week, Peter Schiff claimed that USD-backed stablecoins are faulty. He cautioned them to avoid being pegged on a devaluing currency.

Nevertheless, businesses and regulators are still looking into the possibilities of using stablecoins to support quicker and less costly transactions.

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Kelvin Munene Murithi

Kelvin Munene is a crypto and finance journalist with over 5 years of experience, offering in-depth market analysis and expert commentary . With a Bachelor's degree in Journalism and Actuarial Science from Mount Kenya University, Kelvin is known for his meticulous research and strong writing skills, particularly in cryptocurrency, blockchain, and financial markets. His work has been featured across top industry publications such as Coingape, Cryptobasic, MetaNews, Cryptotimes, Coinedition, TheCoinrepublic, Cryptotale, and Analytics Insight among others, where he consistently provides timely updates and insightful content. Kelvin’s focus lies in uncovering emerging trends in the crypto space, delivering factual and data-driven analyses that help readers make informed decisions. His expertise extends across market cycles, technological innovations, and regulatory shifts that shape the crypto landscape. Beyond his professional achievements, Kelvin has a passion for chess, traveling, and exploring new adventures.

Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
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