07:17 AM EDT, 06/23/2025 (MT Newswires) -- Fiserv ( FI ) plans to launch a stablecoin to be called FIUSD and digital asset platform that will be compatible with other stablecoins, The Wall Street Journal reported Monday, quoting Fiserv ( FI ) Chief Operating Officer Takis Georgakopoulos.

The company will partner with blockchain platform Solana and stablecoin companies Circle Internet Group ( CRCL ) and Paxos for this project, which will potentially launch by the end of the year, according to the report.

Fiserv ( FI ) also plans to enter into a partnership with PayPal ( PYPL ) and is in talks with card networks, the report said.

Fiserv ( FI ) didn't immediately reply to MT Newswires' request for comment.

Shares of Fiserv ( FI ) and Circle Internet ( CRCL ) were rising more than 4% and 5%, respectively, in recent premarket activity while PayPal ( PYPL ) shares were down 0.3%.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)