Fiserv, a provider of payments and financial services technology, has announced plans to launch a new digital asset platform. The platform will include a stablecoin, FIUSD, set to be integrated into Fiserv’s banking and payments infrastructure by the end of 2025.

Fiserv, one of the leading payment service companies, will add FIUSD as a stablecoin specialized to serve banks. Fiserv will also explore the creation of tokenized deposits.

Fiserv (FI) shares are inching up on Monday after the financial technology company announced plans of launching its own stablecoin (FIUSD) by the end of 2025. In its press release, the financial technology giant said FIUSD will be integrated into its “existing banking and payments infrastructure” over the next six months.