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VersaBank partners with Fiserv to launch Bank of North Dakota's Roughrider Coin stablecoin
VBNKVersaBank
VersaBank announced a partnership with Fiserv to provide proprietary digital asset technology, custody services, and reserve management for the Bank of North Dakota's dollar-backed stablecoin, Roughrider Coin. VersaBank serves as the issuer responsible for minting, burning, and managing reserves, marking the first live use case of Fiserv's Digital Asset Platform. The initiative validates VersaBank's capabilities in a regulated banking environment and supports bank-to-bank payments across North Dakota. This strategic collaboration highlights the company's focus on digital asset infrastructure within the financial services sector.