North Dakota is stepping into the digital currency arena with plans to launch its own stablecoin, Roughrider Coin, in partnership with payments giant Fiserv.
The U.S. dollar–backed token, set to debut next year, will run on Fiserv’s blockchain-based digital asset platform and connect with its FIUSD system, designed for regulated financial institutions.
According to a joint statement, the initiative aims to boost bank-to-bank settlement speeds, improve merchant payment systems, and support global money transfers. The announcement follows Fiserv’s June expansion into the crypto sector with a Solana-based token issuance platform.
Stablecoins, now a $293 billion asset class, have grown nearly 70% over the past year, driven by the GENIUS Act signed by President Trump in July, which provided federal clarity for issuers.
North Dakota’s move makes it the second U.S. state, after Wyoming, to pilot a state-issued stablecoin, reflecting the growing government interest in blockchain-powered payment systems.
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