North Dakota Debuts First State-Backed ‘Roughrider’ Stablecoin for 2026 Launch
Yahoo Finance·2025-10-08 21:58
North Dakota is preparing to launch its own state-backed stablecoin, the “Roughrider Coin,” in 2026 through the Bank of North Dakota, marking a major step in the state’s digital finance strategy. The project seeks to make North Dakota the second U.S. state to issue a government-backed stablecoin, following Wyoming’s Frontier Stable Token initiative unveiled earlier this year. The Roughrider Coin will be fully backed by U.S. dollars and developed in partnership with financial technology firm Fiserv. Init ...