Fiserv on Monday unveiled plans to launch a stablecoin, joining a growing number of U.S. companies exploring the technology as the crypto asset moves into the mainstream. The announcement comes after the U.

Fiserv, Inc. & PayPal Holdings, Inc. will use stablecoins FIUSD & PYUSD to modernize payments. Click for more about PYPL and FI strategies & blockchain potential.

The Fortune 500 fintech provider plans to roll out its digital asset platform with a U.S. dollar stablecoin FIUSD to 10,000 institutions and 6 million merchants.