Fiserv Stock News

Mastercard Inc (NYSE:MA) has announced an expansion of its partnership with financial technology company Fiserv Inc (NYSE:FI) to accelerate the adoption and use of stablecoins, focusing on the integration of Fiserv's new programmable FIUSD token into Mastercard's products and services. This move aims to enable consumers and businesses to make payments using FIUSD at more than 150 million mercha...

A day after Fiserv (FI) announced it was planning to launch a new stablecoin called FIUSD, one of the financial technology firm's big customers is jumping on board.

Mastercard and Fiserv have partnered to explore ways Mastercard's global payments network can integrate Fiserv's new stablecoin, FIUSD. [contact-form-7] The collaboration will enable individuals and businesses to use FIUSD across more than 150 million merchants, the companies said in a Tuesday (June 24) press release.

Fiserv stock is leading the S&P 500 after rolling out yet another stablecoin partnership.

Mastercard is bringing Fiserv's brand-new stablecoin to its global payments network.

PURCHASE, N.Y.--(BUSINESS WIRE)--Mastercard is deepening its partnership with Fiserv, Inc. (NYSE: FI) to integrate its new FIUSD token across a range of Mastercard products and services, expanding stablecoin adoption and utility for their shared customers around the world. By offering FIUSD across Mastercard's global payments network, people and businesses can use the new, programmable, blockch...

FIUSD will integrate directly into Fiserv's existing infrastructure, allowing financial institutions to adopt stablecoin payments without overhauling systems or paying extra. The coin will run on infrastructure from Paxos and Circle — the latter up over 700% since its IPO — and will be compatible with the solana blockchain.

Payments and financial services technology provider Fiserv is entering the stablecoin business. [contact-form-7] The company plans to launch a digital asset platform that includes a new stablecoin (FIUSD) that will be added to Fiserv's banking and payments infrastructure by the year's end, according to a Monday (June 23) press release.