The North Dakota state bank launches the stablecoin "Roughrider Coin" along with Fiserv.

2025-10-09 02:54:59

Abstract generation in progress

The state-owned bank of North Dakota will issue a USD-pegged stablecoin in collaboration with Fiserv, expected to launch in 2026. The token named “Roughrider Coin” will facilitate money transfers between banks and commercial payments, operating on Fiserv's digital asset platform.

This move comes as the GENIUS Act signed into law by President Donald Trump has spurred a wave of stablecoins across the United States. Wyoming had previously also launched its own stablecoin and is currently in the testing phase.

Fiserv, which processes more than 90 billion transactions per year for 10,000 financial institutions, is positioning itself as a bridge between traditional finance and blockchain.

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