North Dakota Launches First US State-Backed Stablecoin: Roughrider Coin

North Dakota’s Bank of North Dakota and Fiserv have unveiled the Roughrider Coin, the first state-backed stablecoin in the United States. This innovative move, fully backed by US dollars, aims to bolster the state’s financial ecosystem. The Roughrider Coin is expected to benefit both institutional banking with regulatory support, and drive innovation within the digital currency space.