Fiserv Connecting Thousands of Banks to Crypto with New Stablecoin Platform
Welcome to the cryptoverse, Main Street. Fintech company Fiserv said yesterday it’s launching a stablecoin platform that will connect thousands of banks and merchants later this year.
Fiserv is building the platform, which’ll live on the Solana blockchain, with help from blockchain infrastructure company Paxos and stablecoin platform Circle. Fiserv is also launching its own stablecoin to use on the platform, FIUSD, but plans to make the platform compatible with other tokens, too, like PayPal’s PayUSD.
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Stablecoins are the California…
