Choose Rich Live
Crypto News

Fiserv launches bank digital asset platform on Solana with Roughrider Coin

Fiserv has launched a bank-focused digital asset platform on Solana, featuring the Bank of North Dakota's USD-backed Roughrider Coin as its inaugural live product.

Screenshot of Fiserv's press release announcing its digital asset platform launch, positioned alongside the Solana logo.
Image: @SolanaFloor

Fiserv has officially launched its bank-focused digital asset platform on the Solana blockchain, marking its debut with the Bank of North Dakota's dollar-backed stablecoin as its first live use case. Known as Roughrider Coin, the token is designed to enable more than 90 participating banks and credit unions across North Dakota to transfer dollar-backed funds between institutions.[1][2][3][5]

Roughrider Coin is issued by VersaBank, while Fireblocks is providing infrastructure for the platform. Fiserv stated that the interbank token is restricted strictly to financial institutions. While the rollout across North Dakota institutions is underway, transaction volumes and active-sender counts remain undisclosed.[2][4][5]

Key facts

  • Fiserv launched its bank-focused digital asset platform on Solana.
  • The platform's first live use case is the Bank of North Dakota's USD-backed Roughrider Coin.
  • More than 90 North Dakota banks and credit unions are participating in the rollout to move dollar-backed funds.
  • Roughrider Coin is issued by VersaBank, with Fireblocks providing infrastructure.
  • The interbank token is restricted to financial institutions, with active-sender counts and payment volume undisclosed.

Sources 路 5 sources

  1. TB

    The Block@TheBlockCoPost on X 路

    THE BLOCK: Fiserv's digital asset platform has gone live with Bank of North Dakota's dollar-backed coin as its first use case. The stablecoin runs on Solana and is designed for interbank transactions among more than 90 participating banks and credit unions in the state. https://t.co/SGWbFaBTop

    Open source
  2. SO

    SolanaFloor@SolanaFloorPost on X 路

    馃嚭馃嚫NEWS: @Fiserv has launched its digital asset platform, with Bank of North Dakota鈥檚 USD-backed Roughrider Coin as its first live use case. Roughrider Coin is issued by VersaBank, with transactions processed on @Solana. https://t.co/E5GOPrr0Vd

    Open source
  3. PY

    PYMNTS@pymntsPost on X 路

    Fiserv digital asset platform goes live with Bank of North Dakota stablecoin. Full story on PYMNTS: https://t.co/ZREXUhYoKl

    Open source
  4. CR

    CryptoSlate@CryptoSlatePost on X 路

    More than 90 North Dakota banks and credit unions are participating in Roughrider鈥檚 Solana rollout, Fiserv says. The interbank token is restricted to institutions. Payment volume and active-sender counts remain undisclosed. https://t.co/brUBJq88FO

    Open source
  5. CN

    crypto.news@cryptodotnewsPost on X 路

    JUST IN: Fiserv launches its bank-focused digital asset platform on Solana Its first live product, Roughrider Coin, will let more than 90 North Dakota banks and credit unions move dollar-backed funds between institutions, with VersaBank as issuer and Fireblocks providing infrastructure.

    Open source