Fiserv Announces Partnership With Bank Of North Dakota To Launch Stablecoin

Fiserv has announced a partnership with the Bank of North Dakota to support their upcoming stablecoin called Roughrider Coin.

The global banking infrastructure company has revealed it will be collaborating with the Bank of North Dakota on its stablecoin strategy, in particular assisting with the development of the Roughrider Coin - named after President Roosevelt's military regiment. It is set for a 2026 launch and distributed to banks and financial institutions, including credit unions.

North Dakota Governor Kelly Armstrong expressed:

“As one of the first states to issue our own stablecoin backed by real money, North Dakota is taking a cutting-edge approach to creating a secure and efficient financial ecosystem for our citizens. The new financial frontier is here, and The Bank of North Dakota and Fiserv are helping North Dakota financial institutions embrace new ways of moving money with the Roughrider coin.”

Adding to this, Takis Georgakopoulos stated:

"We're entering a new era where payments are instant, interoperable, and borderless. With Roughrider Coin, we're bringing together the reliability of traditional finance and the innovation of blockchain to deliver faster and smarter digital payments. North Dakota's vision and leadership in launching this initiative show how forward-thinking policy can drive real progress in digital finance. We are pleased to be selected as their partner."

Fiserv is well positioned to take on this project on their platform, already assisting clients and merchants with ACH payments, as well as issuing and processing credit card transfers. Their knowledge from developing the FIUSD stablecoin and making it interoperable with PayPal's PYUSD in Q3 2025 also allows for easier bank-to-bank coin integrations.