North Dakota is launching its own stablecoin in 2026.

The state of North Dakota in the United States is preparing to launch a USD-backed stablecoin called Roughrider Coin in 2026. This significant step reflects the state's innovative approach to digital currencies and represents an intriguing development for cryptocurrency investors.

According to a report by Bloomberg, Roughrider Coin will initially be used only among local banks and credit unions. At this stage, the stablecoin will particularly come into play for important financial transactions such as interbank loans, overnight borrowing, and infrastructure financing. Thus, North Dakota aims to increase liquidity in the local financial system by benefiting from the innovations in digital finance.

There are plans to expand Roughrider Coin in the future with the introduction of stablecoin deposit accounts for individual customers. This is seen as an important step to popularize the use of digital dollars in the local economy. State officials stated that this stablecoin will be fully backed by USD reserves and its development will comply with financial regulations.

This initiative by North Dakota is notable for being the first state-level design of a government-backed stablecoin in the United States. Similar projects have previously been brought to attention by states such as Texas and Wyoming. Experts believe that this development could accelerate the race for states to launch their own digital currencies and increase pressure on stablecoin regulations in the United States.

For investors, these developments offer new opportunities regarding the evolution of digital currencies and the potential of government-backed stablecoins. North Dakota's initiative could have significant impacts on the future of the crypto ecosystem.