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Roughrider Coin launches on Solana, enabling 90+ North Dakota banks to transact dollar-backed tokens.

Market News
02 Oct 2026
Crypto news
View Source
Neutral
Roughrider Coin launches on Solana, enabling 90+ North Dakota banks to transact dollar-backed tokens.

Roughrider Coin, a dollar-backed stablecoin for financial institutions, went live on Solana via Fiserv's platform, allowing over 90 North Dakota banks and credit unions to move funds digitally. VersaBank USA issues and manages the coin, while the Bank of North Dakota oversees governance. The coin operates on a permissioned public blockchain with an autoburn mechanism linking onchain token transfers to offchain fiat settlements. This initiative aims to modernize bank-to-bank transfers but currently excludes retail investors and requires detailed legal and operational clarity for full adoption and trust.

The launch of Roughrider Coin on Solana highlights growing interest in blockchain solutions for banking. On Pluang, SOL trades at Rp2.181.882 with a 3.06% gain over the past day as of Oct 02, 2026 18:31 WIB. The token's market cap stands at Rp1.284,04 trillion, supported by a 24-hour trading volume of Rp76,07 trillion, while Pluang users show a slight selling bias with 54% of orders to sell and 46% to buy.

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Fiserv launches digital asset platform with Roughrider Coin for 90+ North Dakota banks.

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