Wall Street’s enthusiasm for stocks with exposure to the rapidly growing world of stablecoins continued on Monday, as shares of Fiserv rallied after the financial-technology giant entered the arena.

Fiserv on Monday unveiled plans to launch a stablecoin, joining a growing number of U.S. companies exploring the technology as the crypto asset moves into the mainstream. The announcement comes after the U.

Fiserv, one of the leading payment service companies, will add FIUSD as a stablecoin specialized to serve banks. Fiserv will also explore the creation of tokenized deposits.