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Financial services

Fiserv Launches Bank-Friendly Coin to Access Digital Assets

Strategic Insights

— 2 min read

Fiserv, Inc., a leading provider of payments and financial services technology, has announced plans to launch a new digital asset platform, including a new stablecoin (FIUSD), which will be integrated into its existing banking and payments infrastructure by the end of the year. The FIUSD stablecoin will provide Fiserv customers with a new, more efficient, and interoperable digital asset service for their banking and payment flows.

Key Takeaways:

  • Fiserv will launch a new digital asset platform, including a new stablecoin (FIUSD), which will be integrated into its existing banking and payments infrastructure by the end of the year.
  • The FIUSD stablecoin will enable Fiserv customers to access a digital asset network that can be used to build new products and services, leveraging Fiserv's existing relationships with approximately 10,000 financial institution clients and six million merchant locations.
  • Fiserv plans to enable FIUSD through existing Fiserv technology at no additional cost to clients, and the stablecoin infrastructure will be provided by Paxos and Circle Internet Group, Inc.
  • The digital asset platform will leverage Fiserv's Finxact core processing platform as the underlying ledger and connect to the company's latest cloud-native orchestration, payments, and banking platforms, creating an interoperable, end-to-end fiat and digital ecosystem.
  • Fiserv is exploring the use of deposit tokens to maintain the benefits of stablecoins in a more capital-friendly structure for banks and is in discussions with other potential partners to further expand use cases for stablecoins and tokenized deposits.
  • The launch of FIUSD is a significant step in Fiserv's efforts to advance stablecoin-powered payments and help democratize access to blockchain financial services.
  • Takis Georgakopoulos, Chief Operating Officer of Fiserv, noted that Fiserv is "relentlessly focused on delivering state-of-the-art innovation, efficiency, and choice to all of our partners."
  • Walter Hessert, Head of Strategy at Paxos, stated that the partnership with Fiserv will "enable instant, borderless, and compliant payment solutions for banks and institutions worldwide."
  • Heath Tarbert, President at Circle, noted that the partnership will "unlock the next frontier of money movement - embedding stablecoins into everyday commerce and making money move as easily, reliably, and instantly as sending an email."
  • Sunil Sachdev, Head of Embedded Finance at Fiserv, stated that FIUSD is "designed with our clients in mind, a financial institution-friendly coin that simplifies stablecoin access through a secure and scalable ecosystem."

Statistics:

  • Fiserv processes approximately 90 billion transactions annually through its global multi-sided network.
  • The company has relationships with approximately 10,000 financial institution clients and six million merchant locations.
  • Fiserv's new digital asset platform will leverage its Finxact core processing platform as the underlying ledger and connect to the company's latest cloud-native orchestration, payments, and banking platforms.
  • The stablecoin infrastructure will be provided by Paxos and Circle Internet Group, Inc.

Sources:

  • Fiserv, Inc. (NYSE: FI), "Fiserv Announces Plans to Launch New Digital Asset Platform, Including a New Stablecoin" (2025)
  • Paxos, "Paxos Partners with Fiserv to Power FIUSD with Its Globally Regulated Stablecoin Issuance and Payments Platform" (2025)
  • Circle Internet Group, Inc. (NYSE: CRCL), "Fiserv and Circle Partner to Unlock the Potential of Stablecoins" (2025)

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