US-based major payments and fintech provider Fiserv has announced INDX, a new cash settlement platform for digital asset companies. This platform provides 24/7 real-time USD settlement service, enabling instant money transfers through a single custodial account, and facilitates fiat management for crypto exchanges and trading desks handling transactions like BTC detailed analysis.
What is the Fiserv INDX Platform and How Does It Work?
INDX is an offchain settlement solution built on Fiserv’s innovative infrastructure. It eliminates T+1 or T+2 delays of traditional banking systems, enabling off-blockchain USD transfers in seconds. Technically, it connects to crypto platforms via API-based integration and minimizes risks with the atomic settlement principle. This particularly optimizes liquidity management in high-volume BTC trading.
Main Advantages of INDX for Crypto Exchanges
- 24/7 Access: Uninterrupted operations including weekends and holidays.
- Single Account Management: Unified custodial structure instead of multiple bank accounts.
- Low Cost: Up to 50% savings potential compared to SWIFT or ACH.
Trading desks can protect against volatility with instant fiat flows while hedging BTC futures positions. Ideal for BTC futures transactions.
FDIC Insurance and Network of Over 1,100 Institutions
INDX is integrated with the Fiserv Deposit Network, providing access to over 1,100 insured financial institutions. It offers up to $25 million FDIC protection per account. This brings institutional-grade reliability to crypto firms and enhances regulatory compliance.
| Service | Delay | Insurance | Access |
|---|---|---|---|
| INDX | Real-Time | 25M USD FDIC | 24/7 |
| Traditional Bank | T+1/2 | Variable | Business Hours |
Fiserv’s Role in the Stablecoin and Crypto Ecosystem
Fiserv is a global fintech giant with $21 billion in revenue in fiscal year 2025. It provides infrastructure for a North Dakota-backed stablecoin project and integrated the FIUSD stablecoin by acquiring Stone Castle Cash Management. INDX complements this ecosystem by strengthening BTC on-ramps.
Comparison with Competitors Like Sygnum and Fireblocks
While Sygnum’s bank-grade custody and Fireblocks’ MPC wallets offer similar services, INDX stands out with its FDIC network and Fiserv scale. Sygnum is more Europe-focused, while INDX is fully compliant with US regulations. For BTC traders, INDX promises leadership in the fiat-crypto bridge.
Source: Fiserv
The stablecoin race goes global. Source: Cointelegraph
Source: https://en.coinotag.com/fiserv-indx-247-usd-settlement-for-crypto
