North Dakota to Launch State-Backed Roughrider Stablecoin

The state of North Dakota is set to launch its own stablecoin, dubbed the ‘Roughrider Coin,’ in a groundbreaking initiative co-developed with Fiserv Inc. and the Bank of North Dakota. This move marks a significant step towards integrating blockchain technology into state-backed financial frameworks, blending traditional finance with cutting-edge digital currencies. Fiserv’s expertise in payment solutions combined with the Bank of North Dakota’s experience within the financial sector will drive the integration of blockchain innovation, shaping how transactions are conducted within the state. This development could pave the way for a broader adoption of stablecoins across the US, and potentially serves as a model for other states seeking to implement their own digital currencies.