Crypto
Fiserv builds real-time dollar payment network targeting crypto firms
U.S. payments and fintech company Fiserv has unveiled INDX, a 24-hour real-time dollar payment system for digital asset companies, Cointelegraph reported on Wednesday. The platform is designed to help crypto firms secure dollar liquidity and boost payment efficiency. INDX operates year-round and enables instant dollar transfers through a single custody account using an off-chain model. Fiserv said it works with more than 1,100 insured financial institutions and offers FDIC coverage of up to $25 million per account.
