Fiserv has completed its acquisition of StoneCastle Cash Management, a strategic move to bolster its digital asset solutions. This acquisition allows financial institutions to leverage digital asset reserves and issue the FIUSD stablecoin, which is pegged to the U.S. dollar. The integration provides merchants with new deposit options aimed at reducing costs and fostering growth, thereby supporting the broader adoption of cryptocurrency in institutional finance.
Fiserv Acquires StoneCastle to Enhance Digital Asset Offerings
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