Fiserv Launches $FIUSD Stablecoin on Solana, Expanding Reach Across 10K Financial Institutions

Fiserv, Inc., a Fortune 500 company, has formally announced its strategic initiative to introduce a digital asset platform. A key feature of this new platform will be the launch of a proprietary stablecoin, designated as $FIUSD. The company plans to integrate this stablecoin into its existing banking and payments infrastructure by the end of the year.

Fiserv processes over 90 billion transactions each year through a network of 10,000 financial institutions and six million merchants. This reach gives $FIUSD an immediate advantage. The stablecoin is designed to support new products and services, helping banks and merchants deliver modern financial experiences to a global audience.

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Fiserv plans to issue $FIUSD through stablecoin infrastructure on Solana provided by both Paxos and Circle Internet Group, Inc. Fiserv also intends to explore deposit tokens, providing banks with a capital-efficient option that retains the advantages of stablecoin technology.

The company is actively working with other potential partners to expand the use of stablecoins and tokenized deposits across the United States and international markets.

Takis Georgakopoulos, Chief Operating Officer at Fiserv, highlighted the company’s focus on innovation and reach. “Through our privileged position as a trusted infrastructure provider to financial institutions, merchants, and their customers worldwide, we are relentlessly focused on delivering state-of-the-art innovation, efficiency, and choice to all of our partners. With our scale, reach, and technology leadership, Fiserv is uniquely positioned to advance stablecoin-powered payments and help democratize access to blockchain financial services,” he said. “We believe FIUSD will provide our clients with the efficiency and optionality they need to thrive in the evolving banking and payments ecosystem.”

A Coin That “Simplifies Stablecoin Access”

$FIUSD will integrate seamlessly with existing Fiserv customer platforms such as Experience Digital and Commercial Center. The company will deliver the solution through an easy-to-integrate Software Development Kit (SDK), which includes compliance features like fraud monitoring, risk controls, and settlement management.

Fiserv’s new digital asset platform will use its Finxact core as the central ledger and will connect with its broader cloud-native orchestration, payments, and banking platforms. This setup creates an end-to-end, interoperable ecosystem that bridges the gap between fiat and digital assets.

“FIUSD is designed with our clients in mind, a financial institution-friendly coin that simplifies stablecoin access through a secure and scalable ecosystem,” said Sunil Sachdev, Head of Embedded Finance at Fiserv.

PayPal Integration

Fiserv also announced a strategic partnership with PayPal to enable future interoperability between their respective stablecoins, $FIUSD and $PYUSD. This collaboration aims to simplify domestic and international fund transfers for both consumers and businesses. By leveraging their global presence in banking, commerce, and payments, the two firms aim to expand the adoption of stablecoins and programmable payments worldwide.

Framing the announcement, PayPal’s Executive VP, Frank Keller, commented, “Businesses around the globe face common problems. They don’t receive funds fast enough, they are combating inflation, and many face currency value fluctuations. Blockchain-based technology solves many of these challenges by enabling faster transfers, at any time of day, nearly anywhere around the globe. Together with Fiserv, we will help bridge the gap between traditional financial systems and new technologies, enabling faster, more cost-effective, and globally accessible payment options for merchants.”

Stablecoin Regulation

Stablecoins are gaining momentum due to their ability to support 24/7 settlements, streamline operations, and increase efficiency. They also unlock use cases that current financial systems struggle to support.

This announcement comes mere days after the U.S. Senate passed the GENIUS Act, which regulates stablecoins, and sent it to the House for a final vote. The bill establishes guardrails for the approval and oversight of U.S. stablecoin issuers. President Trump urged the House to move fast and get the bill to his desk for signing. Taken together, these developments reflect a growing shift in how government and institutional players view stablecoins.

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