Bank of North Dakota Unveils Stablecoin Roughrider Coin for Interbank Use

**Bank of North Dakota Pioneers State-Backed Stablecoin with Roughrider Coin Launch**

The Bank of North Dakota is breaking new ground in the cryptocurrency landscape by partnering with fintech giant Fiserv to launch Roughrider Coin, a groundbreaking stablecoin designed exclusively for interbank transactions. Set to debut in 2026, this blockchain-based digital currency represents the first state-backed cryptocurrency initiative in the United States, potentially reshaping how financial institutions handle cross-border payments and domestic transfers.

Unlike volatile cryptocurrencies such as Bitcoin, Roughrider Coin will function as a stable digital asset, offering banks reduced transaction costs and enhanced settlement speeds. This innovative stablecoin could revolutionize traditional banking infrastructure by leveraging blockchain technology to eliminate intermediaries in interbank transfers.

The collaboration between North Dakota's public bank and Fiserv signals growing institutional adoption of decentralized finance (DeFi) solutions within traditional banking sectors. Market analysts suggest this development could trigger similar state-backed cryptocurrency initiatives nationwide, potentially boosting overall crypto market confidence and stability. The Roughrider Coin project positions North Dakota as a pioneering force in bridging conventional banking with emerging blockchain technologies.