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Fiserv Puts Solana Under A Live Bank Stablecoin As Roughrider Coin Goes Into Production
TL;DR Fiserv’s digital-asset platform is live, with Bank of North Dakota’s Roughrider Coin as its first production use case. Roughrider Coin transactions are processed on Solana, while VersaBank serves as issuer and Fireblocks supplies tokenization and security infrastructure.
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Key points
- Fiserv said on October 1 that its digital-asset platform is live with financial-institution clients, with Bank of North Dakota's Roughrider Coin as the first production use case.
- Roughrider Coin is a dollar-backed stablecoin processed on Solana, with VersaBank as issuer and Fireblocks providing tokenization and digital-asset infrastructure.
- The article notes Solana's stablecoin market cap crossed $15 billion this summer, alongside earlier Solana-based launches from SoFi and Western Union's USDPT.
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