
David
@dburgos777
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In a nutshell: Solana will be home to Fiserv's stablecoin.
You'll read this in 30 seconds
Fiserv (NASDAQ:FISV), the $90 billion payments titan, is diving headfirst into the crypto world with its own stablecoin: FIUSD.
It will be backed by dollars, built on Solana (SOL), and designed for banks, merchants, and large financial institutions. They're launching it this year, though without a specific date, and it will operate through the same network that handles 90 billion transactions annually. That's huge.
The idea is clear: to retire slow and expensive systems with a programmable, regulated, and reliable digital dollar. FIUSD will use infrastructure from Circle (Nasdaq: CRCL) and Paxos. Additionally, Fiserv has expanded its alliance with PayPal (NASDAQ:PYPL) to ensure both tokens are interoperable.
The result: instant, borderless payments, without you even needing to know you're using crypto. You won't notice, but everything will move at lightning speed. 0 reply
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