Fiserv Joins Stablecoin Race with FIUSD on Solana – Powered by Circle & Paxos
Fiserv, a leading fintech provider, is launching FIUSD, a Solana-based stablecoin backed by Circle and Paxos, integrated into its existing payments and banking infrastructure for ~10,000 financial institutions and 6 million merchants by year-end . Designed to enhance interoperability with PayPal/PYUSD, enable 24/7 low-cost settlements, and offer built-in fraud and risk controls, FIUSD aims to democratize digital asset payments and accelerate blockchain adoption in mainstream finance.