Fiserv, Inc. and PayPal Holdings, Inc. announced on June 23, 2025, an expanded partnership aimed at building future interoperability between Fiserv's FIUSD and PayPal USD (PYUSD). This collaboration seeks to allow consumers and businesses to move funds domestically and internationally more efficiently.
The partnership combines the global reach of both companies across banking, consumer, and merchant payments to further expand the use of stablecoins and programmable payments worldwide. This initiative is designed to bridge the gap between traditional financial systems and new technologies.
Both companies will identify key opportunities for integrating FIUSD and PYUSD into payment flows, including cross-border transactions, payouts, and merchant solutions. This underscores their commitment to driving innovation in financial services and offering faster, more cost-effective, and globally accessible payment options, though any new product or service requires approval from the New York State Department of Financial Services.
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