Deployments · platform by Fiserv
Fiserv FIUSD stablecoin for banks and merchants
Fiserv, which runs core banking and card processing for thousands of US banks and merchants, announced FIUSD in June 2025: a dollar stablecoin on Solana built with Paxos and Circle infrastructure, meant to plug into Fiserv's banking and payment platforms at no extra cost to clients, with Finxact as the underlying ledger. Launch was targeted for the end of 2025, but no source found confirms live issuance or a first bank.
AnnouncedProof of conceptPilotLive (limited)Live (scaled)
Announced since 23 Jun 2025[1] — No evidence of live issuance found by October 2026; re-check. · Reviewed 25d ago
- Assets
- Use cases
- Primary issuance[1]Merchant payments[1]
- Jurisdictions
- United States
Participants
- FiservPlatform provider, Operator, Issuer[1]United States
- PaxosTechnology provider[1]United States
- CircleTechnology provider[1]United States
Likely relevant regulation
- US federal banking agencies' framework for bank crypto-asset, stablecoin and tokenisation activitiesUnited States
- GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins Act)United States
Timeline
- Happened 23 Jun 2025 · Announcement · recorded 11 Oct 2026Fiserv announces FIUSD on Solana, with Paxos and Circle infrastructure, targeting launch by the end of 2025.[2]
Sources
- [1]Fortune 500 firm Fiserv to launch stablecoin on Solana using Paxos and Circle infrastructure — The Block, 23 Jun 2025. Accessed 11 Oct 2026.C
- [2]https://www.businesswire.com/news/home/20250623052523/en — Fiserv (Business Wire), 23 Jun 2025. Accessed 11 Oct 2026.B
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