Core Insights - Fiserv has launched INDX, a real-time cash settlement platform designed for digital asset companies to securely store and transfer US dollars 24/7, benefiting from up to $25 million of FDIC insurance [1][8] Group 1: INDX Platform Features - INDX allows digital asset companies to utilize a single custodial account, enhancing security and durability for USD transactions [1] - The platform redefines fiat operations by distributing funds across the Fiserv Deposit Network, which includes over 1,100 insured US-based financial institutions, ensuring cash remains securely off-chain while enabling real-time settlement [2] - INDX provides institutional-grade accounts that allow for faster transfers, with transactions completed in milliseconds and available instantly in USD [8] Group 2: Benefits for Community Banks and Credit Unions - The diversified deposit sources managed by INDX create a new pipeline of cost-efficient, stable, and granular deposits for community banks and credit unions within the Fiserv Deposit Network [3] - The strategic acquisition of StoneCastle by Fiserv enhances its offerings for innovative deposit funding solutions, aligning with the needs of digital asset companies [5] Group 3: Strategic Vision and Market Position - Fiserv's Co-President highlighted that INDX represents a significant advancement in providing a settlement engine for digital asset companies, enabling faster, more secure, scalable, and programmable transactions [4] - The platform is designed to meet the needs of institutional traders, offering programmability through real-time API access and institutional-grade controls [8]