FIUSD – Fiserv’s Bank-Backed Stablecoin
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
