Solana-Based Stablecoin FIUSD Launched by Fintech Giant Fiserv in Collaboration with PayPal and Circle

In a significant move for the cryptocurrency sector, Fiserv, a $90 billion financial services leader, has announced the launch of FIUSD, a USD-backed stablecoin set to debut on the Solana blockchain by the end of 2025. This initiative, developed in collaboration with PayPal and Circle, leverages infrastructure from Paxos and Circle, marking a strategic push into regulated digital assets following recent US stablecoin legislation. The stablecoin will integrate with Fiserv's Finxact core banking platform, while the partnership with PayPal explores further use cases. This development underscores the growing institutional adoption of blockchain technology and stablecoins, particularly on high-performance networks like Solana. The launch is expected to enhance liquidity, reduce transaction costs, and provide a regulated bridge between traditional finance and digital assets. With Solana's scalability and low fees, FIUSD could become a preferred stablecoin for institutional and retail users alike, further solidifying Solana's position in the digital asset ecosystem.

Fintech Giant Fiserv Launches Solana-Based Stablecoin FIUSD with PayPal and Circle

Fiserv, a $90 billion financial services leader, unveiled plans for FIUSD—a USD-backed stablecoin set to debut on solana by year-end. The initiative leverages infrastructure from Paxos and Circle, marking a strategic push into regulated digital assets following recent US stablecoin legislation.

The stablecoin will integrate with Fiserv's Finxact Core banking platform, while a PayPal partnership explores cross-border synergies between FIUSD and PYUSD. Institutional adoption accelerates as traditional finance embraces blockchain-based settlement solutions.

Solana Network Activity Surges While Price Lags Behind Key Resistance

Solana's blockchain network has recorded explosive growth, processing over 64.5 million transactions and attracting 3.07 million returning users within 24 hours. DefiLlama data reveals this surge in on-chain activity signals renewed ecosystem engagement despite broader market uncertainty.

Spot trading volumes tell a different story. CryptoQuant's bubble map shows cooling investor interest, creating a stark divergence between network usage and market conviction. The altcoin continues to consolidate below the crucial $180 resistance level, with technical analysts watching for a breakout confirmation.

A potential inverted head and shoulders pattern forms on daily charts, suggesting accumulation. Yet without sustained buying pressure, Solana risks failing this key technical test. The network's growing utility now awaits corresponding price discovery.

Fiserv to Launch Stablecoin Platform FIUSD in Partnership with Solana, Circle, and Paxos

Financial technology giant Fiserv is set to democratize stablecoin access through a new payment platform designed to serve millions of users. The initiative, backed by thousands of regional banks, will introduce FIUSD—a proprietary stablecoin issued by Fiserv. Partnering with blockchain heavyweights Solana, Circle, and Paxos, the platform will also enable participating banks to mint their own tokens.

The MOVE signals growing institutional confidence in stablecoin utility for mainstream payments. By leveraging Solana's high-throughput infrastructure and Circle's regulatory-compliant USDC framework, Fiserv positions FIUSD as a bridge between traditional finance and digital asset innovation. Regional banks adopting the platform gain a turnkey solution for tokenized dollar services without developing proprietary blockchain systems.

Solana's Struggle to Break $200 Amid Heavy Supply Pressure

Solana's SOL token faces a formidable barrier NEAR the $180 mark, with nearly 160 million coins acquired between $144 and $168 acting as a supply wall. Despite a recent 7% bounce, SOL remains entrenched below $150—a 30% decline from its late-Q2 levels.

Market-wide weakness alone doesn't explain SOL's underperformance. Glassnode data reveals 86% of the supply was profitable at last month's $180 peak, but that figure has since halved. The UTXO Realized Price Distribution shows concentrated resistance between $155 and $165, creating a feedback loop of distribution pressure.

Retail traders now find themselves caught between institutional accumulation zones and persistent sell-side liquidity. Until this structural imbalance resolves, SOL's path to $200 appears blocked by its own on-chain history.