Roughrider Coin Goes Live on Solana for North Dakota Interbank Payments
- —Roughrider Coin enables dollar interbank settlements on Solana
- —About 90 banks and credit unions are eligible to participate
- —VersaBank USA issues the token; Bank of North Dakota supervises; Fiserv and Fireblocks provide infrastructure
- —The token is backed 1:1 by US dollars and restricted to financial institutions
Why it matters: The launch signals US banks are moving toward tokenized settlements on public blockchains, strengthening Solana's position against Ethereum in institutional payments.
Source: TokenPost