Mastercard & Fiserv Launch FIUSD Stablecoin on Solana 

In a move with potentially wide-reaching implications, Mastercard and fintech firm Fiserv have introduced FIUSD, a new stablecoin built on the Solana blockchain. This initiative seeks to modernize global digital payments by harnessing blockchain’s speed, efficiency, and transparency.

FIUSD will initially be deployed in a pilot program focused on cross-border settlements and B2B transactions. With near-instant processing and significantly lower fees compared to traditional banking rails, the coin is being positioned as a scalable, modern alternative to SWIFT transfers.

The decision to use Solana reflects the network’s high throughput capacity, reportedly capable of handling up to 65,000 transactions per second, making it attractive for enterprise-grade financial applications.

Built for Compliance

Regulatory safeguards are central to FIUSD’s design. The stablecoin will be fully backed by cash reserves and short-term U.S. Treasuries, with monthly audits ensuring transparency. Mastercard confirmed that FIUSD is structured to comply with global AML (Anti-Money Laundering) and KYC (Know Your Customer) regulations.

A Turning Point for Institutional Blockchain Adoption

Many in the industry see the move as a strong endorsement of blockchain infrastructure by mainstream finance. It adds momentum to the stablecoin space, where firms like PayPal and Visa are also building blockchain-based solutions.

If successful, FIUSD could emerge as a new benchmark for enterprise-level blockchain payments, moving the financial world one step closer to mainstream adoption of decentralized finance without the volatility that typically accompanies cryptocurrencies.