BND announces "Roughrider Coin" state backed cryptocurrency

North Dakota introduces Roughrider stablecoin, a digital currency for bank-to-bank transfers

North Dakota's state-run bank has begun supporting a digital currency named after Teddy Roosevelt's volunteer cavalry.

Fiserv launches Roughrider stablecoin

The processor is working with a North Dakota state-owned bank to establish a new digital asset platform.

North Dakota bank, Fiserv launch Roughrider stablecoin

The coin will be available “sometime next year,” the state’s industrial commission said. North Dakota will become the second state in the U.S., after Wyoming, to launch its own digital currency.

Bank of North Dakota to launch state’s first stablecoin known as Roughrider coin

The Bank of North Dakota announced Wednesday plans to launch the Roughrider coin, the state’s first stablecoin.

Bank of North Dakota to launch 'Roughrider coin' for digital money moves

BISMARCK — The Bank of North Dakota and its core banking services provider, Fiserv, announced a partnership Wednesday, Oct. 8, to develop the state's own stablecoin, which will be called the Roughrider coin. According to J.P. Morgan, "A stablecoin is a cryptocurrency whose value is designed to be stable, typically by being pegged to a fiat currency like the U.S. dollar. On paper, they aim to offer the benefits of cryptocurrency — high-speed, low…

Stablecoin News: Bank of North Dakota to Launch Digital Dollar With Fiserv Next Year

The Fiserv-powered U.S. dollar stablecoin will be available to local banks and credit unions, joining a growing list of U.S. state crypto experiments.