Fiserv, Inc. (NYSE:
FI) is
one of the stocks to buy according to billionaire Ray Dalio’s Bridgewater Associates. On October 8, Fiserv, Inc. (NYSE:FI) launched the Roughrider coin in partnership with the Bank of North Dakota. Roughrider is a stablecoin – fully backed by US dollars – and will be available to credit unions and banks in North Dakota starting in 2026. It is also North Dakota’s first stablecoin.
The stablecoin will run on Fiserv’s digital asset platform, which was announced in June alongside its “white-label” stablecoin called FIUSD. The platform targets regulated banking environments, where users want secure, efficient, and interoperable payment flows. The coin is interoperable with other stablecoins to help create a modern digital payments ecosystem for financial institutions. The initiative is intended to enable secure bank-to-bank transactions, support global money movement, and drive merchant adoption within North Dakota.
The Roughrider Coin is named after Theodore Roosevelt’s military unit and honors the Bank of North Dakota’s historic role as the only state-owned bank in the nation. Since the launch, North Dakota has become the second US state to issue a government-backed stablecoin.
Fiserv, Inc. (NYSE:FI) is a financial technology company. It provides digital banking, payment processing, merchant acquiring, and financial services solutions to banks, credit unions, and businesses worldwide. The company’s key platforms include Clover and Carat.
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Disclosure: None. This article is originally published at
Insider Monkey.
