Fiserv, PayPal, and Circle to Launch FIUSD Stablecoin

Fiserv Inc. has announced plans to introduce FIUSD, a USD-backed stablecoin, in cooperation with PayPal and Circle, expected to launch by late 2025 on the Solana blockchain.

The initiative aims to bridge traditional banking and blockchain networks, enhancing digital payments for financial institutions and merchants through FIUSD integration.

Fiserv and Partners to Advance Stablecoin Adoption

Fiserv announced its upcoming FIUSD stablecoin, collaborating with PayPal and Circle. The new token, based on Circle’s existing infrastructure, will operate initially on Solana. The stablecoin is designed to integrate directly into Fiserv’s extensive banking platform, Finxact, targeting over 10,000 financial institutions and six million merchants for enhanced payment settlement, remittance, and invoice reconciliation.

The FIUSD introduction means financial transactions will benefit from seamless digital asset exchanges, facilitating data-rich transactions. By leveraging existing infrastructure without imposing additional fees, FIUSD is positioned as a strategic tool for digital payments, leading to potential increases in merchant adoption and transaction volumes. The Solana platform may consequently see growth in transaction throughput.

Reactions from industry leaders, though not yet public, are anticipated to focus on the scalability and compliance benefits of FIUSD. Sunil Sachdev from Fiserv emphasized their goal of helping clients access digital assets, in line with recent favorable stablecoin legislation in the U.S. Marble. Fiserv’s announcement came without immediate feedback from regulatory bodies, such as the SEC or CFTC, highlighting a keen focus on compliance within suggested legal frameworks.

Potential Impact of FIUSD on Financial Transactions

Did you know? FIUSD’s launch on Solana potentially mirrors the initial success of PayPal’s PYUSD, which led to greater stablecoin acceptance in mainstream finance and enhanced integration with top crypto exchanges.

According to CoinMarketCap data, USDC is valued at $1.00, with a market cap of approximately $61.71 billion. Recent trading volumes reached $6.56 billion, despite a 24.41% decline in volume. Price change remains steady over various timeframes, reflecting stable performance in the past months as of June 28, 2025.

Expert insights hint at a transformative financial landscape, where FIUSD’s rollout may expedite stablecoin acceptance in traditional industries. With no extra fees, Fiserv enhances its competitive edge, modularity, and digital finance capabilities. The move could serve as a model for future tokenized payment solutions that capitalize on both FIUSD’s integration potential and the scalability of platforms like Solana.

Sunil Sachdev, Embedded Finance Lead, Fiserv, stated, “We’re working to get into the arena by helping customers that we already work with be able to access digital assets as a form of payment.”