FIUSD – Fiserv’s Bank-Backed Stablecoin

Fiserv, Inc

1. Overview

Stablecoin: FIUSD
Issuer: Fiserv, Inc. (NYSE: FI)
Type: USD-pegged, centralized
Blockchain: Solana (initial)
Launch: Expected end of 2025

2. Key Features

Built with infrastructure from Paxos & Circle
Designed for 10,000+ U.S. banks and 6M+ merchants
Fully programmable, with 24/7 settlement support
Integration with PayPal and Mastercard payment rails
Compliance tooling for KYC, fraud prevention & settlement risk
Interoperable with PYUSD and other compliant stablecoins

3. Target Market

Community banks, credit unions, and traditional financial institutions
Fintechs and POS providers using Fiserv platforms (e.g. Clover, Carat)
Corporate treasuries and institutional on-chain settlement

4. Compliance & Infrastructure

Launch aligned with the U.S. regulatory push (e.g. GENIUS Act)
Centralized issuance with transparent oversight
Solana used for performance and cost-efficiency
Built-in smart contract auditability & risk controls

5. CyberFinance Rating (Ratex42)

Criteria	Rating	Justification
Authorization	🟠 ORANGE	U.S. regulatory approval pending (GENIUS Act framework)
Transparency	🟢 GREEN	Issuer is a public company; detailed roadmap available
Client Feedback	🟡 NEUTRAL	No reviews yet (pre-launch)
Financials & Track Record	🟢 GREEN	Trusted issuer with strong financial health and global reach

🟠 Final Rating: ORANGE SIGNAL

Fiserv’s FIUSD is an upcoming, institutionally robust USD stablecoin. Its full regulatory greenlight is expected but not yet confirmed. Rating will be reviewed upon launch and licensing.

✅ Summary for Ratex42

Positioning: Bank-native, merchant-grade stablecoin with strong legacy fintech integration
Readiness: High from a technical and business standpoint
Compliance Status: Developing – Orange Signal until license & issuance are finalized
Outlook: Likely upgrade to Green post-launch