Key Notes

The dollar-backed stablecoin will serve North Dakota banks and credit unions through Fiserv's digital asset platform.

Named after Theodore Roosevelt's Rough Riders, it aims to enhance interbank transactions and global payments.

Fiserv processes 90 billion transactions annually across 10,000 financial institutions, providing the blockchain infrastructure.

Bank of North Dakota, in collaboration with financial technology giant Fiserv, has announced plans to launch Roughrider Coin, the first state-backed stablecoin in the US.

According to official reports , Roughrider Coin will launch on the Fiserv digital asset platform, fully backed by US dollars. It will be available to North Dakota banks and credit unions in 2026, aiming to streamline bank-to-bank transactions, global pay

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