North Dakota will issue a stablecoin with Fiserv.

North Dakota's New Stablecoin Project

The state of North Dakota in the USA has decided to issue a new U.S. dollar stablecoin through the Bank of North Dakota. This collaboration with Fiserv aims to launch a token called Roughrider Coin in 2026.

This new token is intended to facilitate interbank transfers and support trade payments. The stablecoin will operate on Fiserv's digital asset platform and will also be integrated with the company’s FIUSD system. This system represents a stablecoin network designed for regulated banking environments.

The increased adoption speed of stablecoins has gained momentum with the enactment of the GENIUS Act earlier this year. Additionally, the Wyoming state has already put its own stablecoin, the Frontier Stable Token, into the testing phase.

Fiserv supports more than 10,000 financial institutions managing over 90 billion transactions annually. The company aims to bridge traditional finance and blockchain technology. The stablecoin market has expanded by 70% in the past year, reaching a total value of 293 billion dollars. The development of this rapidly growing market is supported by the GENIUS Act, signed by Donald Trump in July. This act establishes a federal framework for stablecoin issuers and prepares a legal ground for financial institutions to adopt this technology.