Fiserv Puts Solana Under A Live Bank Stablecoin As Roughrider Coin Goes Into Production
Summary
Fiserv’s digital-asset platform went live with financial-institution clients on October 1, using Roughrider Coin as its first production use case. The dollar-backed stablecoin was created for the Bank of North Dakota to support interbank transfers. VersaBank is the issuer, Fireblocks provides infrastructure and tokenization, Fiserv connects the product to banking systems, and Solana processes transactions. The deployment illustrates how banks may adopt blockchain settlement through established vendors rather than replacing existing systems. Its broader significance will depend on whether Fiserv’s other clients adopt the platform. The launch does not indicate that the bank is investing in SOL.
