North Dakota to Launch State Stablecoin in 2026, Following Wyoming’s Pioneer Move

North Dakota plans to introduce the Roughrider coin, its first state-backed stablecoin, in 2026. The Bank of North Dakota has partnered with Fiserv to develop the digital currency, marking the state as the second in the U.S. to issue its own stablecoin after Wyoming launched the Frontier Stable Token (FRNT) in August.

The MOVE underscores a growing trend among states to explore blockchain-based payment systems as alternatives to privately issued stablecoins. Both North Dakota and Wyoming have embraced frontier-themed branding for their digital currencies, reflecting their historical identities as pioneering states.

"North Dakota is taking a cutting-edge approach to creating a secure and efficient financial ecosystem for our citizens," said Governor Kelly Armstrong. The Roughrider coin, named after Theodore Roosevelt's cavalry unit, symbolizes the state's willingness to innovate in the evolving financial landscape.