fiserv

ChainCatcher news, according to Catenaa, American fintech giant Fiserv has announced plans to collaborate with PayPal and Circle to launch a dollar-backed stablecoin FIUSD. The stablecoin is expected to be launched by the end of this year, initially operating on the Solana blockchain and integrated with Fiserv's Finxact core banking platform. FIUSD aims to facilitate payment settlements, remittances, and invoice reconciliation using tokenized dollars.Fiserv emphasizes that FIUSD will operate in compatibility with other stablecoins, potentially attracting more partners and promoting broader adoption. The company is also exploring deposit tokens that allow banks to offer digital payment solutions while retaining regulatory protections and traditional capital advantages.

ChainCatcher news, according to Fortune, Mastercard has announced its participation in the Global Dollar Network, a stablecoin alliance initiated by institutions such as Paxos, to jointly mint and share interest income from the USDG stablecoin, which is linked to U.S. Treasury bonds. At the same time, Mastercard will also support PayPal's PYUSD and Fiserv's FIUSD stablecoins, integrating them into the Mastercard Move cross-border payment network.

ChainCatcher news, according to Barrons, financial technology company Fiserv announced that it will launch a stablecoin and digital asset platform for its clients by the end of 2025. Following the announcement, Fiserv's stock rose in pre-market trading, currently reported at $171.Founded in 1984, Fiserv is a global leader in payments and financial technology, serving thousands of financial institutions and businesses. As a global provider of financial services technology, Fiserv offers innovative solutions to clients such as banks, credit unions, securities brokers, and retailers.