North Dakota to Launch Roughrider Coin: First US State-Backed Stablecoin on Fiserv Platform

Bank of North Dakota, in collaboration with financial technology giant Fiserv, has announced plans to launch Roughrider Coin, the first state-backed stablecoin in the US. According to official reports, Roughrider Coin will launch on the Fiserv digital asset platform, fully backed by US dollars. It will be available to North Dakota banks and credit unions in 2026, aiming to streamline bank-to-bank transactions, global payments, and merchant adoption. Governor Kelly Armstrong cited the need for a more effi ...