Fiserv to Launch FIUSD Stablecoin on Solana with Support from Circle

• Fiserv launches FIUSD stablecoin powered by Paxos and Circle
• Stablecoin FIUSD Coming to Solana Network Later This Year
• Circle and Paxos to boost Fiserv stablecoin for crypto assets

Fortune 500 company and global payments technology leader Fiserv announced Monday the launch of its own stablecoin, dubbed FIUSD. Expected to debut in 2025, the digital currency will be issued on the Solana blockchain, using Paxos and Circle’s infrastructure to ensure continuous settlements, 24 hours a day, seven days a week.

$90B Fiserv launching a the #stableco with #fading , #circle , and Paxos.

Not a pilot. Not a sandbox. Full-stack rails across 10K banks and 6M merchants.

This is backend replacement at scale, and with better margins. ⛓ pic.twitter.com/hg8uAUQEVD

— ALTucard (@altucard) June 23, 2025

The company describes FIUSD as a form of “programmable money” designed to reduce the friction of conventional financial transactions. According to the release , the stablecoin will be integrated into Fiserv's banking stack, currently used by around 10 financial institutions and six million merchants around the world.

In addition to the stablecoin, the company is evaluating the adoption of deposit tokens and other tokenized products, with the aim of alleviating the capital burden on creditors and optimizing financial processes.

“Along with our other cloud-native banking and commerce platforms, we believe FIUSD will provide our customers with the efficiency and optionality they need to thrive in the evolving banking and payments ecosystem,” said CEO Takis Georgakopoulos.

Fiserv’s move comes as Congress moves toward federal regulation of stablecoins. Last week, the Senate passed the GENIUS Act, which requires collateralization in fiat currency or Treasury securities, periodic audits, and strict anti-money laundering measures. The bill now awaits a final vote in the House, with direct support from President Donald Trump.

In parallel, large corporations such as Amazon and Walmart are also evaluating the launch of their own stablecoins, driven by increasing regulatory clarity in the US.

In Europe, MiCA legislation already imposes strict limits on non-euro-backed stablecoins, restricting their daily transfers to €200 million. Still, Fiserv’s partnership with regulated issuers like Circle could make it easier for FIUSD to operate across multiple jurisdictions.