Fiserv, Inc. (NYSE: FI), a global provider of payments and financial services technology, in partnership with the Bank of North Dakota, announced the Roughrider coin, North Dakota’s stablecoin. Backed by U.S. dollars, the Roughrider coin will reportedly become the first U.S. state stablecoin to launch on the Fiserv digital asset platform.Wyoming recently announced it would issue a state-based stablecoin labeled the Frontier or FRNT.Acknowledging Theodore Roosevelt and his Rough Riders, the Roughrider coin w ...

Bank of North Dakota, a state-owned bank, partnered with Fiserv to launch a stablecoin.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.Dubbed the Roughrider coin in honor of Theodore Roosevelt and his Rough Riders, ...