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Bank of North Dakota Taps Fiserv to Launch State-Backed 'Roughrider Coin'

The Bank of North Dakota, in partnership with Fiserv, has announced the upcoming launch of Roughrider Coin, a U.S. dollar-backed stablecoin set to debut in 2026. Built on Fiserv’s blockchain-based FIUSD platform, the coin aims to enhance efficiency and quality control within the state’s banking system, benefiting residents. Governor Kelly Armstrong highlighted the innovative spirit of North Dakota and the anticipated improvements in transactions between local financial institutions. The Roughrider Coin aligns with the national framework for payment stablecoins established earlier this year, signifying an official step into blockchain-based monetary solutions. This initiative follows Wyoming's introduction of the Frontier Stable Token, marking a growing trend among U.S. states exploring digital currencies.

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