Core Insights - Fiserv is focusing on empowering small businesses to accept digital currencies, recognizing their critical role in the global economy [1][2] - The company aims to bridge the gap between small businesses and the evolving digital payment landscape, emphasizing the need for these businesses to adapt to new payment forms [3][4] Company Initiatives - Fiserv is launching a new digital asset platform that includes its own stablecoin, FIUSD, to facilitate transactions for small businesses [5][6] - The stablecoin market has reached a market cap of $286.28 billion, with Tether (USDT) holding a dominant 58.99% market share [6] Technology and Support - The Clover point-of-sale system will support small businesses in adapting to new payment methods, ensuring they can meet consumer demands [4] - Fiserv is committed to ensuring the reliability of its digital currency offerings through compliant and secure technology [7]
Fiserv CMO Shannon Watkins reveals stablecoin plans ahead of Clover Shark Tank Summit