Fierv will launch a digital asset platform and stablecoin FIUSD before the end of the year

According to Business Wire, fintech giant Fisvev announced that it will launch a digital asset platform and stablecoin FIUSD by the end of 2025. FIUSD will be integrated into its existing banking and payment infrastructure, and will achieve cross chain compatibility through partnerships with Paxos and Circle, with initial deployment on the Solana chain. The stablecoin will be open for free to approximately 10000 financial institutions and 6 million merchants covered by Fierv, supporting compliance monitoring, risk control, and clearing control functions.