Financial-technology company Fiserv will launch a stablecoin and digital-asset platform for its clients by the end of the year, the company announced Monday, sending the stock higher. The move will give Fiserv’s network,

Fiserv, a provider of payments and financial services technology, has announced plans to launch a new digital asset platform. The platform will include a stablecoin, FIUSD, set to be integrated into Fiserv’s banking and payments infrastructure by the end of 2025.

Fiserv shares gained Monday when the financial technology firm announced plans to launch a cryptocurrency trading platform that will include a new stablecoin.