Versabank Partners with Fiserv to Provide Critical Digital Asset Technology and Custody/Reserve Management Services for Bank of North Dakota's Roughrider Stablecoin
VersaBank, through its subsidiary VersaBank USA, N.A., is serving as issuer of Bank of North Dakota's dollar-backed Roughrider Coin, handling minting, burning, custody and reserve management. The stablecoin is the first live product on Fiserv's Digital Asset Platform and is now live, serving more than 90 participating North Dakota banks and credit unions for bank-to-bank payments on Solana with Fireblocks support.
Key figures
- Participating institutions
- more than 90 banks and credit unions
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