Does anyone know much info on this company FISERV? Bank of North Dakota and Fiserv Partner to Launch “Roughrider Coin,” North Dakota’s first Stablecoin.
https://bnd.nd.gov/roughrider/ Some of the board make me nervous especially in mention of China, Target, Bank of America, etc. Is this truly a QFS related coin?
https://investors.fiserv.com/corporate-governance/board-of-directors
Roughrider Stablecoin - Bank of North Dakota
Bank of North Dakota (BND) and its core banking services provider, Fiserv, have partnered to develop the state’s very own stablecoin, named the Roughrider
https://bnd.nd.gov/roughrider/
Retired Pediatric RN and farm wife. Treasure my family, God & country! Fight for Justice, Truth & Freedom always! I Am That I Am.🌹
Features of the Roughrider Coin WTH backed by US dollar, not QFS, evil? 🤔🤔
Type: It is a stablecoin designed to minimize volatility compared to cryptocurrencies like Bitcoin.
Launch Date: Expected rollout to ND banks & credit unions is slated for 2026.
Purpose: The coin is intended to enhance the efficiency of bank-to-bank transactions & potentially facilitate real-time payments for residents in the future.
The decision to back the Roughrider Coin with USD allows it to integrate more seamlessly with the traditional financial system while utilizing blockchain technology for improved transaction speed & security.
FEATURE DETAILS
Backing U.S. Dollar
Type Stablecoin
Launch Year 2026
Developed by Bank of North Dakota and Fiserv
Primary Purpose Interbank transactions & efficiency
This stablecoin positions ND at the forefront of digital currency innovation in the United States, highlighting a significant trend towards embracing digital financial solutions at the sta
