{"id":7073486,"date":"2026-10-02T22:59:17","date_gmt":"2026-10-02T22:59:17","guid":{"rendered":"https:\/\/fivemor.com\/?p=7073486"},"modified":"2026-10-02T22:59:17","modified_gmt":"2026-10-02T22:59:17","slug":"north-dakotas-roughrider-coin-goes-live-on-fiserv-and-solana","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=7073486","title":{"rendered":"North Dakota&#8217;s Roughrider Coin Goes Live on Fiserv and Solana"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p>&#13;<br \/>\n\t\t\t\t\t\t\t\t\tMore than 90 banks and credit unions across North Dakota will be able to access Roughrider Coin through Firsev&#8217;s Commercial Center platform.\t\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n<div>\n<p>Milwaukee-based Fiserv announced on October 1 that its digital asset platform is live with financial institutional clients, and Bank of North Dakota\u2019s Roughrider Coin is the first product running on it.<\/p>\n<p>The dollar-backed stablecoin settles on Solana and gives more than 90 banks and credit unions in the state a new way to move money between each other.<\/p>\n<h2>Roughrider Coin Runs on Solana Inside Fiserv\u2019s Banking Platform<\/h2>\n<p>Bank of North Dakota is <a href=\"https:\/\/investors.fiserv.com\/node\/53051\/pdf\" target=\"_blank\">using<\/a> Fiserv\u2019s issuance, reserve, custody, and settlement infrastructure to roll the coin out across the state\u2019s banking and payments workflows. Participating institutions will reach it through Commercial Center, the commercial online banking system Fiserv\u2019s clients already use for traditional interbank transfers.<\/p>\n<p>VersaBank will issue Roughrider Coin and handle custody, a job that includes minting, burning, and managing the reserve assets. Fireblocks supplies the digital asset infrastructure and tokenization services, while transactions are processed on the Solana blockchain.<\/p>\n<p>Sunil Sachdev, Firsev\u2019s head of embedded finance and digital assets, stated that the company is \u201chelping clients unlock new efficiencies in banking and payments\u201d while keeping the security and regulatory standards they expect.<\/p>\n<p>Bank of North Dakota\u2019s chief executive, Don Morgan, called the coin \u201ca new tool to move money more efficiently across North Dakota\u2019s interbank network.\u201d<\/p>\n<p>VersaBank founder and president David Taylor described Fiserv\u2019s scale paired with his firm\u2019s regulated capabilities as a \u201ctrusted foundation to bring stablecoins into established banking and payments systems.\u201d<\/p>\n<h3 class=\"heading-4\">You may also like:<\/h3>\n<p>Roughrider Coin is only one use for Fiserv\u2019s platform. It says it also supports stablecoin card issuance, cross-border payments, programmable commerce and treasury automation for financial institutions, corporates, marketplaces and fintechs. It also covers tokenized deposits and global currency account services, including US dollar accounts for financial institutions around the world.<\/p>\n<h2>Stablecoin Regulations Taking Shape<\/h2>\n<p>The launch comes as financial institutions face questions about how stablecoins should be backed, supervised, and presented to customers. As <em>CryptoPotato<\/em> reported last month, the Federal Reserve <a href=\"https:\/\/cryptopotato.com\/fed-moves-to-tighten-stablecoin-rules-with-two-new-genius-act-proposals\/\">proposed<\/a> two rules under the GENIUS Act: one requiring Fed-supervised issuers to fully back tokens with approved reserves, such as short-term Treasury bills, and another covering applications from supervised banks that want to issue payment stablecoins. The proposals were open to public comment, with the period set to run for 60 days after publication in the Federal Register.<\/p>\n<p>Consumer confidence is another hurdle. Visa\u2019s Money Travels 2026 study <a href=\"https:\/\/cryptopotato.com\/visa-survey-finds-us-stablecoin-interest-jumps-to-56-with-bank-style-safeguards\/\">found<\/a> that 56% of surveyed Americans had never heard of stablecoins. However, the study also found that 45% would be willing to use them when offered by an existing financial provider, compared with 36% under a scenario without hypothetical bank-level fraud protection and deposit insurance.<\/p>\n<div class=\"code-block code-block-12\" style=\"margin: 8px 0; clear: both;\">\n<!-- Footer ad [js] --><\/p>\n<p><noscript><br \/>\n<a href=\"https:\/\/servedbyadbutler.com\/go2\/;ID=183000;size=0x0;setID=1321375\" target=\"_blank\"><img decoding=\"async\" src=\"https:\/\/servedbyadbutler.com\/adserve\/;ID=183000;size=0x0;setID=1321375;type=img\"\/><\/a><br \/>\n<\/noscript><\/div>\n<p><!-- CONTENT END 1 --><\/p><\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>&#13; More than 90 banks and credit unions across North Dakota will be able to access Roughrider Coin through Firsev&#8217;s Commercial Center platform. Milwaukee-based Fiserv announced on October 1 that its digital asset platform is live with financial institutional clients, and Bank of North Dakota\u2019s Roughrider Coin is the first product running on it. The [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":7073488,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[98049,98050,113597,102326,100407],"tags":[232,33441,233913,4903,843,233914,7657,27039,16172],"dealstore":[],"offerexpiration":[],"class_list":["post-7073486","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-aa-news","category-crypto-news","category-solana","category-stablecoins","category-united-states","tag-coin","tag-dakotas","tag-fiserv","tag-live","tag-north","tag-roughrider","tag-solana","tag-stablecoins","tag-united-states"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>North Dakota&#039;s Roughrider Coin Goes Live on Fiserv and Solana - Som2ny Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=7073486\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"North Dakota&#039;s Roughrider Coin Goes Live on Fiserv and Solana - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"&#013; More than 90 banks and credit unions across North Dakota will be able to access Roughrider Coin through Firsev&#8217;s Commercial Center platform. Milwaukee-based Fiserv announced on October 1 that its digital asset platform is live with financial institutional clients, and Bank of North Dakota\u2019s Roughrider Coin is the first product running on it. 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