Bank of North Dakota Partners with Fiserv to Develop Roughrider Stablecoin
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 07 2026- Stablecoin Innovation: The Bank of North Dakota's partnership with Fiserv to develop the Roughrider stablecoin aims to facilitate interbank transactions under the GENIUS Act, which is expected to reshape the financial landscape and enhance transaction security.
- Regulatory Shift: U.S. banks are actively preparing for stablecoin issuance under the GENIUS Act, with regulatory approval anticipated by 2026, marking a significant transformation in stablecoin governance.
- Market Impact: The integration of stablecoins is set to modernize bank operations, potentially increasing demand for backing assets like Solana, thereby influencing the development of associated technologies.
- Regulatory Standards: The FDIC is developing stringent capital and reserve standards to ensure the integrity of stablecoins, with plans to circulate a proposal for the stablecoin issuance application process by year-end.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
