Fiserv, Inc. & PayPal Holdings, Inc. will use stablecoins FIUSD & PYUSD to modernize payments. Click for more about PYPL and FI strategies & blockchain potential.

Fiserv, one of the leading payment service companies, will add FIUSD as a stablecoin specialized to serve banks. Fiserv will also explore the creation of tokenized deposits.

Fiserv stocks gains as the company announces plans of launching its own stablecoin. TD Cowen says FIUSD news could help FI shares hit $233 over the next 12 months.