Fiserv Partners with PayPal and Circle to Launch the US Dollar Stablecoin FIUSD

According to ChainCatcher, as reported by Catenaa, U.S. fintech giant Fiserv has announced plans to collaborate with PayPal and Circle to launch a US dollar-backed stablecoin, FIUSD. The stablecoin is expected to debut by the end of this year, initially operating on the Solana blockchain and integrating with Fiserv’s Finxact core banking platform. FIUSD is designed to facilitate payment settlements, remittances, and invoice reconciliation using tokenized US dollars.

Fiserv emphasized that FIUSD will be interoperable with other stablecoins, which could attract more partners and drive broader adoption. The company is also exploring deposit tokens, enabling banks to offer digital payment solutions while maintaining regulatory protections and the advantages of traditional capital.