According to reports from 【比推】, financial technology company Fiserv (FI.N) announced on Monday that it plans to launch the stablecoin FIUSD by the end of the year and integrate it into existing banking and payment infrastructure. It is reported that FIUSD will operate based on the stablecoin infrastructure provided by Paxos and Circle Internet (CRCL.N). Brokerage firms have pointed out that with the increasing anticipation of the passage of the GENIUS Act, Fiserv's announcement to launch the stablecoin comes at a very opportune time. In addition, Fiserv stated that it has reached a partnership with PayPal (PYPL.O) to achieve interoperability between FIUSD and PayPal USD (PYUSD), allowing consumers and businesses to transfer funds more conveniently both domestically and internationally.
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HallucinationGrower
· 11h ago
If there are too many stablecoins, won't it just become a trap?
Fiserv will launch the stablecoin FIUSD before the end of the year and has reached interoperability cooperation with PayPal.
According to reports from 【比推】, financial technology company Fiserv (FI.N) announced on Monday that it plans to launch the stablecoin FIUSD by the end of the year and integrate it into existing banking and payment infrastructure. It is reported that FIUSD will operate based on the stablecoin infrastructure provided by Paxos and Circle Internet (CRCL.N). Brokerage firms have pointed out that with the increasing anticipation of the passage of the GENIUS Act, Fiserv's announcement to launch the stablecoin comes at a very opportune time. In addition, Fiserv stated that it has reached a partnership with PayPal (PYPL.O) to achieve interoperability between FIUSD and PayPal USD (PYUSD), allowing consumers and businesses to transfer funds more conveniently both domestically and internationally.