Fiserv’s stablecoin FIUSD is expected to serve its extensive network of 10,000 financial institutions and six million merchant locations, forming the foundation for its digital asset platform rollout

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Fiserv counts roughly 10,000 financial institutions and six million merchant locations among its clients.

Dubbed FIUSD, the stablecoin is aimed at financial institutions and part of Fiserv’s new digital asset platform integrated into its existing banking and payments systems.

FIUSD is expected to be available to customers by the end of the year and will be interoperable with other stablecoins, including PayPal's PYUSD token.