Bank of North Dakota Partners With Fiserv to Unveil U.S. Dollar-Backed Stablecoin

**Bank of North Dakota Launches Dollar-Backed Stablecoin in Major Cryptocurrency Move**

The Bank of North Dakota has entered the competitive stablecoin market through a strategic partnership with financial technology giant Fiserv Inc. (NYSE: FI), announcing the development of "Roughrider Coin," a U.S. dollar-backed stablecoin set to transform digital payments.

This groundbreaking cryptocurrency initiative positions North Dakota as a blockchain innovation leader, potentially impacting the broader DeFi ecosystem and stablecoin adoption rates. The collaboration between a state-chartered bank and Fiserv signals growing institutional confidence in digital assets and cryptocurrency infrastructure.

Roughrider Coin joins the ranks of major stablecoins like USDC and Tether, offering price stability through dollar backing while leveraging blockchain technology for secure transactions. This development could influence Bitcoin and cryptocurrency market sentiment, as traditional banking institutions increasingly embrace digital asset solutions.

The partnership highlights the evolving landscape where traditional finance meets decentralized finance (DeFi), potentially accelerating mainstream cryptocurrency adoption. Market analysts anticipate this move could inspire other state banks to explore similar blockchain-based financial products, reshaping the future of digital payments and stablecoin competition.