Hi stable subscribers, 

Welcome to another edition of The Weekly Stable, the #1 source for stablecoin insights brought to you by This Week in Fintech.

Each week, fintech professionals globally rely on us for clear analysis, thoughtful perspectives, and steady coverage of the stablecoin space—going beyond the news.

This week we dive into Fiserv’s new stablecoin FIUSD, as well as a round up of product launches, partnerships and regulatory news from Digital Asset, Franklin Templeton, Mastercard, Revolut, SoFi, Telegram and more.

Enjoy this week’s news below and let us know about any other feedback/suggestions you have.

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🏆 Top Stories

Fiserv Launches New FIUSD Stablecoin for Financial Institutions 

Fiserv, one of the world’s largest payments infrastructure providers, is launching a new stablecoin called FIUSD alongside a digital asset platform built for banks. Expected by year-end, FIUSD will run on Solana, be interoperable with other stablecoins like PYUSD, and integrate with Fiserv’s existing network of 10,000 financial institutions and millions of merchants. Key partners include Paxos, Circle, and Mastercard—with built-in compliance, risk, and settlement tooling from day one.

While much of the recent stablecoin headlines have centered on fintechs and megabanks, Fiserv is taking aim at a different segment: regional and community banks. These institutions are at growing perceived risk of deposit flight as stablecoins and yield bearing alternatives attract customer dollars. FIUSD offers them a plug-and-play way to compete—powering on-chain payments, programmable money, and branded digital dollars—without building from scratch and at no extra cost.

Fiserv shares jumped roughly four percent on the news and the move signals that even conservative infrastructure players now see tokenized money as inevitable.

That said, the real work starts now. Bank integrations, internal education/ training, and merchant enablement take time. Whether regional banks are able to seize the opportunity effectively—or let others define the next phase of payments—remains to be seen.

🚀 Product Launches

Fiserv Launches Stablecoin Platform and New FIUSD Stablecoin for Financial Institutions (read more)

Telegram Wallet launches up to 15% APY savings for its 1B users via Ethena integration (read more) 

SoFi to Launch Blockchain Remittances With Stablecoins (read more)

Franklin Templeton launches Intra Day Yield on the Benji Technology Platform (read more)

💸 Fundraises and M&A

Digital Asset, Builder of Privacy-Focused Blockchain Canton, Raises $135M (read more)

⚡ Stablecoin Adoption 

Mastercard joins Global Dollar Network, adds support for PayPal and Fiserv tokens (read more)

Revolut Actively Exploring Launching Its Own Stablecoin (read more)

China may test yuan stablecoins in Hong Kong (read more)

Perena launches the Stablebank Network, a coordinated alliance of builders shaping the future of programmable money (read more)

⚖️ Regulatory Developments

Bank for International Settlements sees a tokenized future but stablecoins as unsound money (read more)

Bank of England invites firms to demo central bank money on external DLTs (read more)

Wyoming Stable Token Commission targets Aug. 20 for WYST stablecoin mainnet launch (read more) 

China needs yuan-backed stablecoins ‘sooner rather than later’, state media urges Beijing (read more) 

Stablecoins become South Korea's new national endeavor: Why and what's at risk? (read more) 

ECB’s Lagarde tells EU parliament that digital euro law is urgent (read more)

💼 Stable Job of the Week

General Manager - Americas - Fuse Finance

About FuseFuse is rebuilding clearing from the ground up. Fintech has gone global and emerging markets have become growth markets, transitioning from high risk jurisdictions to must have corridors, but clearing banks haven’t evolved. We believe the cle…

Fuse Finance

💬 Posts of the Week

📖 Reads of the Week

In The potential genius of GENIUS, Jack Forestell, Chief Product and Strategy Officer at Visa, argues that the GENIUS Act's regulatory clarity for stablecoins could enable their mainstream adoption as digital programmable money, but scaling requires robust technology, trusted reserves, and a ubiquitous interface layer, which Visa aims to provide through its scalable, secure payment infrastructure.