Fiserv to launch stablecoin FIUSD with Circle, PayPal as partners, shares rose for companies

From Yahoo Finance: 2025-06-23 09:11:00

Fiserv plans to launch stablecoin FIUSD, following the U.S. Senate’s stablecoin bill passing. FIUSD will integrate into banking and payments infrastructure by year-end, relying on Paxos and Circle Internet’s stablecoin infrastructure. Circle’s shares rose 15%, while Fiserv and PayPal were up 2.3% and 1.7% respectively.

Stablecoins like FIUSD are pegged to currencies like the U.S. dollar, offering protection from price swings. Fintechs and financial firms turn to stablecoins for cross-border payments, settlements, and digital finance access. Analysts see Fiserv’s launch as a positive indicator of innovation to bridge traditional and emerging payment systems.

The GENIUS Act could lend legitimacy to stablecoins, pending the Republican-led House’s approval before reaching President Trump. Fiserv partners with PayPal for future interoperability between FIUSD and PYUSD, enabling seamless fund transfers domestically and internationally. Interoperability allows stablecoins to function across platforms without disruption.

Read more: Fiserv unveils plans to launch stablecoin with Circle, PayPal as partners