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North Dakota Unveils First State-Owned U.S. Stablecoin: Roughrider Coin
North Dakota Unveils First State-Owned U.S. Stablecoin: Roughrider Coin
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BTCCSquare news:
North Dakota is pioneering state-backed digital currency with the launch of Roughrider Coin, a USD-pegged stablecoin set for 2026. Powered by Fiserv’s FIUSD platform, the project aims to streamline instant, secure transactions for local banks and credit unions while maintaining interoperability with other stablecoins.
The coin’s name pays homage to Theodore Roosevelt’s "Rough Riders," reflecting the state’s frontier ethos. Governor Kelly Armstrong positioned the MOVE as part of a broader financial evolution, aligning with recent federal stablecoin legislation. "We’re creating a secure, efficient ecosystem for citizens," Armstrong stated, signaling North Dakota’s ambition to lead in blockchain-based finance.
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