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Fiserv Launches FIUSD Stablecoin and Digital Asset Platform

  • Fiserv has launched FIUSD stablecoin and digital asset platform to provide more efficient services to its network of financial institutions and merchants.
  • Key features of FIUSD include integration into Fiserv's technology for scalability, technology partners Paxos and Circle, and a bank-friendly design with compliance features.
  • Fiserv is exploring deposit tokens for banks and seeking partnerships to expand stablecoin and tokenized deposit use cases.
  • Partnerships with PayPal aim to create interoperability between FIUSD and PayPal USD for seamless transactions domestically and internationally.
  • The launch of FIUSD is strategic, aiming to modernize money movement, offer 24/7 settlement, streamline processes, and increase efficiency.

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