North Dakota's Roughrider Coin Launches on Solana with Fiserv Platform

The Bank of North Dakota's Roughrider Coin has launched on Solana as part of Fiserv's digital asset platform, announced on October 1. The platform allows over 90 banks and credit unions to access it.

VersaBank USA issues, mints, burns, and manages reserves for the coin, while Bank of North Dakota provides governance oversight. Fiserv runs the platform, and Fireblocks provides secured wallet and tokenization infrastructure.

The coin is permissioned on public Solana and restricted to financial institutions only, not retail investors. Each participating institution has a VersaBank custody account, with daily flows connecting to a concentration account at BND.