Fiserv Launches White-Label Digital Asset Platform, First Stablecoin Deployed on Solana

Odaily News: Fiserv's digital asset platform went live on October 1, with Roughrider Coin, a USD stablecoin issued by the Bank of North Dakota, becoming the first deployment. It uses Solana's Token-2022 standard, with the pilot covering over 90 banks and credit unions across the state.

The platform adopts a white-label infrastructure model, with minting, burning, custody, and reserve management handled by OCC-chartered bank VersaBank, and Fireblocks providing the underlying infrastructure. The platform is open to approximately 10,000 financial institution clients at no additional charge, offering access to stablecoin card issuance, cross-border payments, programmable commerce, treasury automation, and tokenized deposits through Fiserv Commercial Center.