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.

Financial-technology company Fiserv will launch a stablecoin and digital-asset platform for its clients by the end of the year, the company announced Monday, sending the stock higher.The move will give Fiserv’s network,

Fiserv stocks gains as the company announces plans of launching its own stablecoin. TD Cowen says FIUSD news could help FI shares hit $233 over the next 12 months.