American FinTech company Fiserv announced the launch of a specialized system for instant settlements in U.S. dollars for businesses working with digital assets. The platform provides 24/7 transfers and insurance coverage for custodial accounts.
Fiserv, one of the world’s largest FinTech solution providers and a developer of payment system infrastructure, introduced INDX, a real-time settlement platform for companies in the digital asset space.
The service enables crypto exchanges, trading platforms, custodians, and stablecoin issuers to conduct fast U.S. dollar settlements with instant fund availability. This solution is primarily aimed at institutional traders and professional market participants. Through INDX, they can open institutional-level custodial accounts, make instant counterparty transfers, and manage operations with high programmability.
Funds are held in a single custodial account opened via an affiliated U.S. trust company, then distributed through the Fiserv Deposit Network, which connects over 1,100 insured financial institutions in the U.S. This setup provides FDIC insurance coverage of up to $25 million, 100 times the standard limit of a traditional bank account.
Unlike models that require moving funds outside the banking system or converting fiat into on-chain infrastructure, INDX keeps liquidity off the blockchain while providing fast settlements and instant U.S. dollar availability. INDX supports round-the-clock operations and offers real-time API access for integrating institutional controls and automation.
The launch comes amid continued dependence of many crypto companies on banking systems with limited operating hours or on stablecoin settlements. According to Takis Georgakopoulos, Co-President at Fiserv, INDX effectively offers functionality comparable to blockchain settlements in speed and accessibility, but within a regulated U.S. banking framework.
Fiserv is part of the S&P 500 and Fortune 500, and is listed among TIME’s most influential companies. In 2025, the company reported revenue exceeding $21 billion. In December 2025, Fiserv completed the acquisition of StoneCastle Cash Management, a provider of liquidity management solutions for banks, as part of its expansion into the digital asset market.
INDX is the first platform of its kind, giving crypto companies access to U.S. dollar settlements within the banking system with continuous liquidity availability. Competing solutions typically offer 24/7 settlements for institutional clients only in digital assets. For example, Fireblocks develops infrastructure for instant settlements in stablecoins and other tokenized instruments.
