TradFi giant Fiserv builds real-time dollar rails for crypto companies

Fiserv launches a 24/7/365 settlement platform for digital asset companies, aiming to reduce banking friction and improve liquidity in the US dollar.

Fiserv, a major US payments and financial technology provider, has launched a new cash settlement platform for digital asset companies, a move that could strengthen fiat infrastructure for crypto players and improve access to liquidity.

On Thursday, Fiserv announced the debut of INDX, a real-time cash settlement system that operates 24 hours a day, 365 days a year. The platform allows digital asset companies to move US dollars instantly using a single custodial account, potentially improving how exchanges, trading desks and other crypto businesses manage fiat balances.

INDX will be made available to more than 1,100 insured financial institutions participating in the Fiserv Deposit Network. The account structure provides up to $25 million in Federal Deposit Insurance Corporation (FDIC) coverage, according to the company.

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