Fiserv, Inc. (NYSE: Fi), a global payment and financial service provider, in collaboration with the Bank of North Dakota, announced today the Roughrider coin, the first Stablecoin in North Dakota.
It is fully supported by US dollars, the Roughrider currency will be the first American Stablecoin state to begin on the Digital Asset Fiserv platform.
The price of Theodore Roosevelt and its Rough Riders, the Roughrider currency will aim to increase bank transactions to banking, encourage the world money movement and leading the adoption of traders. The currency will be available in banks and credit associations in northern Dakota in 2026.
The Fiserv Digital Asset platform, announced in June along with a new white stablecoin, Fiusd, presents to Fiserv customers access to a new, more efficient and interoperable digital asset service for their banks and payment flows. The Roughrider currency will use the Fiusd Digital Asset platform and is expected to be interoperable with other coins.
“As one of the first states to issue our own Stablecoin supported by real money, Northern Dakota adopts a peak approach to creating a safe and effective economic ecosystem for our citizens,” said Governor Kelly Armstrong. “The new financial border is here and the Northern Dakota Bank and Fiserv helps the Northern Dakota financial institutions to embrace new ways of moving money with the Roughrider currency.”
“We are entering a new era where payments are immediate, interoperable and without borders,” said Takis Georgakopoulos, Coo at Fiserv. “With the Roughrider currency, we gather the credibility of traditional funding and blockchain innovation to offer faster and smarter digital payments.
“We have a 106 -year -old commitment history of agriculture, trade and industry in North Dakota through our corporate relations of our financial institutions,” said Don Morgan, chief executive of the Bank of Northern Dakota. “The development of the Roughrider currency reflects this commitment, utilizes recent changes to the federal law and ensures the ongoing health, durability and relevance of the Northern Dakota financial industry for its citizens.”