Avishek Das / SOPA Images / LightRocket via Getty Images
Fiserv shares rose Monday, June 23, 2025, after the company announced it was introducing a new stablecoin for financial institutions. ### Key Takeaways
Fiserv plans to launch a digital asset trading platform that will include a new stablecoin.
The financial technology firm said that adding the stablecoin, called FIUSD, to its client network will help it build new products and services.
Fiserv expects to launch FIUSD by the end of 2025.
Fiserv (FI) shares gained Monday when the financial technology firm announced plans to launch a cryptocurrency trading platform that will include a new stablecoin.
The company said it expects the platform and stablecoin, known as FIUSD, will be included in its current banking and payments infrastructure by the end of this year. Fiserv explained that adding FIUSD to its network of some 10,000 financial institutions and 6 million merchant locations "will provide instant scale for FIUSD while creating a digital asset network that clients can use to build new products and services."
COO Takis Georgakopoulos said that with the company's "scale, reach, and technology leadership," it is "uniquely positioned to advance stablecoin-powered payments and help democratize access to blockchain financial services."
Sunil Sachdev, Fiserv's Head of Embedded Finance, added that FIUSD is designed to be "a financial institution-friendly coin that simplifies stablecoin access through a secure and scalable ecosystem."
Despite today's 3% advance, shares of Fiserv are down nearly 20% in 2025
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Fiserv to Add New Stablecoin for Its Network by End of Year
Avishek Das / SOPA Images / LightRocket via Getty Images
Fiserv shares rose Monday, June 23, 2025, after the company announced it was introducing a new stablecoin for financial institutions. ### Key Takeaways
Fiserv (FI) shares gained Monday when the financial technology firm announced plans to launch a cryptocurrency trading platform that will include a new stablecoin.
The company said it expects the platform and stablecoin, known as FIUSD, will be included in its current banking and payments infrastructure by the end of this year. Fiserv explained that adding FIUSD to its network of some 10,000 financial institutions and 6 million merchant locations "will provide instant scale for FIUSD while creating a digital asset network that clients can use to build new products and services."
COO Takis Georgakopoulos said that with the company's "scale, reach, and technology leadership," it is "uniquely positioned to advance stablecoin-powered payments and help democratize access to blockchain financial services."
Sunil Sachdev, Fiserv's Head of Embedded Finance, added that FIUSD is designed to be "a financial institution-friendly coin that simplifies stablecoin access through a secure and scalable ecosystem."
Despite today's 3% advance, shares of Fiserv are down nearly 20% in 2025
TradingView
Read the original article on Investopedia
View Comments