North Dakota to Issue Stablecoin With Fiserv as Digital Dollar Trend Expands

The U.S. state of North Dakota is joining the stablecoin trend, with state-owned Bank of North Dakota teaming up with payments infrastructure giant Fiserv (FI) to launch a U.S. dollar-backed token aimed at financial institutions across the state. The token, dubbed "Roughrider Coin," is expected to roll out next year and will run on Fiserv’s digital asset platform and plug into its white-label FIUSD system, a stablecoin network designed for regulated banking environments. The token is aimed to "increase b ...