North Dakota’s Roughrider Coin Goes Live on Fiserv and Solana

Key points

• Fiserv said on October 1 its digital asset platform is live, with Bank of North Dakota's Roughrider Coin as the first product running on it.
• The dollar-backed stablecoin settles on Solana, is issued and custodied by VersaBank, uses Fireblocks infrastructure, and serves over 90 state banks and credit unions.
• The launch follows Federal Reserve proposals under the GENIUS Act on stablecoin reserve backing and bank issuer applications, open for 60 days of public comment.

AI summary of CryptoPotato’s report, written only from the publisher’s text. Read the original for full context.