After the passage of the famous GENIUS Act, which established a clear regulatory structure for stablecoins in the United States, and following the announcement of the first state-owned stablecoin in Wyoming, it’s North Dakota‘s turn to make headlines. This sector is booming, and it’s clear that America is definitely establishing itself as the world leader in this field.
North Dakota officialises the “Roughrider Coin”
The State of North Dakota has just officially announced the launch of the Roughrider Coin. It is a stablecoin directly backed by the US dollar, developed in partnership with the financial technology company Fiserv.
This token is expected to be launched in 2026 and will be made available to banks and credit unions operating within the state.
The Roughrider Coin will be hosted on Fiserv’s digital asset platform, FIUSD. This platform already offers financial institutions the ability to issue and transfer digital assets backed by the dollar.
For Sunil Sachdev of Fiserv, the primary objective of this new stablecoin is clear: “to facilitate interbank transactions, encourage international fund movements, and promote merchant adoption.”
The enthusiasm of the authorities is palpable. They welcome this progress:
“This stablecoin will improve efficiency and quality control across the banking sector, which is a direct benefit to our residents.”
In the United States, stablecoins have become a national trend
Roughrider Coin is not an isolated case, far from it. This initiative is part of a larger movement, as other US states are already exploring stablecoins.
Last August, for example, Wyoming launched its Frontier Stable Token (FRNT), while Texas is actively working on the Lone Star Token. All of these projects are part of the GENIUS Act, passed in July, which finally provides a first national framework for payment stablecoins.
These initiatives reflect growing confidence in blockchain-based finance and mark a transition to a regulated digital currency. State-owned stablecoins, such as Roughrider Coin, leverage the benefits of blockchain technology – speed, efficiency, and accessibility – while ensuring the stability expected of traditional financial assets.
By creating this state-owned cryptocurrency, North Dakota is joining a growing trend in the United States. Several states are actively experimenting with stablecoins to modernise their financial systems. This movement could ultimately fundamentally redefine the way interbank transactions are conducted, not only locally, but also internationally.
