Fiserv Puts Solana Under A Live Bank Stablecoin As Roughrider Coin Goes Into Production

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure 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. The deployment gives Solana a live role inside a regulated interbank payment product rather than another retail crypto application. Solana has picked up a very different kind of workload: moving a bank-backed stablecoin inside a US financial institution network. Fiserv said on October 1 that its digital-asset platform is now live with financial-institution clients. The first production use case is Roughrider Coin, a dollar-backed stablecoin created for Bank of North Dakota and designed to make interbank money movement more efficient across the state. Transactions run on Solana. The stack combines banking, tokenization and a public blockchain Roughrider Coin is not simply a token deployed by an anonymous smart-contract team. VersaBank serves as issuer, Fireblocks provides digital-asset infrastructure and tokeniz...