North Dakota May Launch Roughrider Coin in 2026, Potentially Challenging USDT-Dominated Stablecoin Market

"description": "Roughrider Coin: North Dakota's dollar-backed stablecoin launching in 2026 with ￰0￱ for banks, merchants and cross-border payments." , Roughrider Coin is North Dakota’s dollar‑backed stablecoin launching in 2026 through a partnership between the Bank of North Dakota and ￰1￱ will be available to state banks and credit unions and is designed for interbank settlement, merchant payments and cross‑border transfers with reserve backing. State-backed stablecoin issued by the Bank of North Dakota in partnership with ￰2￱ availability to North Dakota banks and credit unions in 2026 for interbank and merchant use. Fiserv’s digital asset platform (processed ~35 billion merchant transactions in 2022) will host Roughrider Coin and aims for interoperability with other ￰3￱ Coin: North Dakota’s dollar-backed stablecoin launching in 2026 with ￰4￱ for banks, merchants and cross-border payments-read ￰5￱ Dakota will issue Roughrider Coin, a US dollar–backed stablecoin developed by the Bank of North Dakota in partnership with payments firm ￰6￱ token is scheduled for rollout to state banks and credit unions in 2026 to support interbank settlement, merchant payments and cross‑border ￰7￱ is Roughrider Coin and who is issuing it?

Roughrider Coin is a dollar-backed stablecoin being developed by the Bank of North Dakota with Fiserv and is set to launch in ￰8￱ token is intended for banks and credit unions within North Dakota to facilitate faster settlement, merchant payments and cross-border transfers while being fully backed by US dollar ￰9￱ will Roughrider Coin be used by financial institutions? The token is designed for three primary use cases: interbank transactions, merchant payments and cross‑border money ￰10￱ will begin with North Dakota banks and credit unions, enabling instant or near‑instant settlement between participating institutions and streamlined reconciliation for merchants.

Fiserv’s digital asset platform will host Roughrider ￰11￱ processed an estimated 35 billion merchant transactions in 2022 and launched its white‑label stablecoin offering in June; Roughrider Coin will operate on that system and is expected to be interoperable with other dollar‑pegged ￰12￱ is North Dakota issuing a state-backed stablecoin? North Dakota aims to modernize payment rails and improve liquidity for local banks and credit ￰13￱ Bank of North Dakota, founded in 1919 and the nation’s only state‑owned bank, manages just over $10 billion in assets and reinvests profits into state programs and economic ￰14￱ Kelly Armstrong said issuing a stablecoin “backed by real money” signals a cutting‑edge approach to building a secure, efficient financial ecosystem for ￰15￱ coin’s name references Theodore Roosevelt’s Rough Riders and the state’s historical ties to ￰16￱ will Roughrider Coin launch and how does it compare to other state tokens?

Roughrider Coin is slated for availability in 2026 for North Dakota financial ￰17￱ follows Wyoming’s Frontier Stable Token (FRNT) and joins a growing set of state‑issued and private stablecoins aiming to serve niche institutional and commercial ￰18￱ 10 stablecoins by market cap.) Recent entrants include platform‑specific tokens such as USDH (launched by Hyperliquid and issued by Native Markets) and concepts like NET Dollar from Cloudflare for AI‑driven programmable ￰19￱ reported more than $330 billion in trading volume in July, reflecting high activity in specialized ￰20￱ voices characterize the expanding stablecoin ecosystem as maturation rather than disorder.

“If more teams are looking to launch or utilize stablecoins, it means that stablecoins are succeeding in solving problems for businesses and users,” said Austin Ballard, partnerships manager at Offchain ￰21￱ quote is reported as plain text. , Frequently Asked Questions Is Roughrider Coin legal tender in North Dakota? Roughrider Coin is a state‑issued stablecoin backed by the Bank of North Dakota and intended for institutional use; it is not legal tender like the US dollar but is designed to represent dollar value for settlement and ￰22￱ will custody and reserve transparency be handled? Bank of North Dakota and Fiserv will operate custody and reserve ￰23￱ statements indicate reserves back supply, while operational controls and audits will govern transparency—specific audit schedules and attestation details will be released by the ￰24￱ Takeaways State-issued stablecoin: Roughrider Coin is being launched by the Bank of North Dakota with Fiserv for institutional payment use in ￰25￱ use cases: Focused on interbank settlement, merchant payments and cross‑border transfers for North Dakota banks and credit ￰26￱ context: The token arrives amid expanding stablecoin issuance, with interoperability and compliance central to ￰27￱ Roughrider Coin positions North Dakota to test a state‑backed, dollar‑pegged stablecoin tailored for local banks, merchants and cross‑border ￰28￱ Fiserv’s infrastructure and the Bank of North Dakota’s institutional role, the project aims to prioritize reserve backing, interoperability and operational ￰29￱ for official rollout details and audit disclosures ahead of the 2026 launch.