Bank of North Dakota Taps Fiserv to Launch State-Backed 'Roughrider Coin'

The Bank of North Dakota and financial technology firm Fiserv announced Wednesday that they will launch Roughrider Coin, a U.S. dollar-backed stablecoin set to debut in 2026. The token will operate on Fiserv’s digital asset platform, FIUSD, and be available to the state’s banks and credit unions. Fiserv launched FIUSD in June, a blockchain-based system that allows banks and credit unions to issue and transfer dollar-backed digital assets. That same month, Mastercard said it would integrate FIUSD into its ...