North Dakota to Issue Stablecoin With Fiserv as Digital Dollar Trend Expands

The Fiserv-powered U.S. dollar stablecoin volition beryllium disposable to section banks and recognition unions, joining crypto experiments by U.S. states.

Oct 8, 2025, 4:41 p.m.

The U.S. authorities of North Dakota is joining the stablecoin trend, with state-owned Bank of North Dakota teaming up with payments infrastructure elephantine Fiserv (FI) to motorboat a U.S. dollar-backed token aimed astatine fiscal institutions crossed the state.

The token, dubbed "Roughrider Coin," is expected to rotation retired adjacent twelvemonth and volition tally connected Fiserv’s integer plus level and plug into its white-label FIUSD system, a stablecoin web designed for regulated banking environments.

The token is aimed to "increase bank-to-bank transactions, promote planetary wealth question and thrust merchant adoption," the firms said successful a property release.

The quality follows Fiserv's June entranceway with its crypto issuance level connected Solana SOL$224.95 to the fast-growing stablecoin sector. Stablecoins are progressively utilized arsenic a faster, cheaper and programmable alternate for moving wealth connected apical of blockchains. The plus people swelled to $293 billion, expanding astir 70% successful a year. The fast-paced maturation was spurred by the GENIUS Act, signed into instrumentality by U.S. President Donald Trump successful July, which acceptable a national model for stablecoin issuers and cleared a ineligible way for fiscal institutions to follow the technology.

With its stablecoin plan, North Dakota is joining Wyoming arsenic the latest U.S. authorities experimenting with crypto. Wyoming has deployed its state-issued Frontier Stable Token earlier this year, and it is presently successful a trial phase.

Fiserv processes implicit 90 cardinal transactions a twelvemonth for 10,000 fiscal institutions, and aims to presumption itself arsenic a span betwixt accepted concern and blockchain tech.

Read more: Stablecoin Surge Could Trigger $1T Exit From Emerging Market Banks: Standard Chartered

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