The post This US State’s New Stablecoin Honors a Legendary President appeared on BitcoinEthereumNews.com. North Dakota is partnering with Fiserv to launch a USD-backed stablecoin. Roughrider Coin, based on President Teddy Roosevelt, will hopefully conduct a pilot launch in 2026. There aren’t many details available about any technical questions, but that’s fairly unsurprising. It may take months to choose a blockchain for this token, if the last state-run stablecoin is any consideration. North Dakota’s Stablecoin Wyoming made headlines last month when it became the first US state to launch a stablecoin, a process that took several months to develop. Sponsored Sponsored Today, Fiserv, a fintech and payments company, made a joint announcement with the state-owned Bank of North Dakota, claiming that they will also launch a dollar-backed stablecoin soon. “As one of the first states to issue our own stablecoin backed by real money, North Dakota is taking a cutting-edge approach to creating a secure and efficient financial ecosystem for our citizens. The new financial frontier is here, and The Bank of North Dakota and Fiserv are helping North Dakota financial institutions embrace new ways of moving money,” claimed Governor Kelly Armstrong. The new stablecoin in question has been dubbed “Roughrider Coin,” after President Teddy Roosevelt’s famous cavalry regiment. Although Roosevelt was not a North Dakota native, he spent much of his life as a state resident, lending his likeness to the stablecoin. A Dearth of Web3 Details Thanks to the partnership with North Dakota’s government and state banks, Fiserv hopes to launch the stablecoin as a pilot in 2026. This soft release will include banks and credit unions, but there aren’t many details available. Unfortunately, there’s very little concrete information right now, other than the enthusiasm of the participants. Most of the press release consists of quotes and the relevant companies’ backgrounds, not any data pertinent to the token’s capabilities. This shouldn’t be… The post This US State’s New Stablecoin Honors a Legendary President appeared on BitcoinEthereumNews.com. North Dakota is partnering with Fiserv to launch a USD-backed stablecoin. Roughrider Coin, based on President Teddy Roosevelt, will hopefully conduct a pilot launch in 2026. There aren’t many details available about any technical questions, but that’s fairly unsurprising. It may take months to choose a blockchain for this token, if the last state-run stablecoin is any consideration. North Dakota’s Stablecoin Wyoming made headlines last month when it became the first US state to launch a stablecoin, a process that took several months to develop. Sponsored Sponsored Today, Fiserv, a fintech and payments company, made a joint announcement with the state-owned Bank of North Dakota, claiming that they will also launch a dollar-backed stablecoin soon. “As one of the first states to issue our own stablecoin backed by real money, North Dakota is taking a cutting-edge approach to creating a secure and efficient financial ecosystem for our citizens. The new financial frontier is here, and The Bank of North Dakota and Fiserv are helping North Dakota financial institutions embrace new ways of moving money,” claimed Governor Kelly Armstrong. The new stablecoin in question has been dubbed “Roughrider Coin,” after President Teddy Roosevelt’s famous cavalry regiment. Although Roosevelt was not a North Dakota native, he spent much of his life as a state resident, lending his likeness to the stablecoin. A Dearth of Web3 Details Thanks to the partnership with North Dakota’s government and state banks, Fiserv hopes to launch the stablecoin as a pilot in 2026. This soft release will include banks and credit unions, but there aren’t many details available. Unfortunately, there’s very little concrete information right now, other than the enthusiasm of the participants. Most of the press release consists of quotes and the relevant companies’ backgrounds, not any data pertinent to the token’s capabilities. This shouldn’t be…

This US State’s New Stablecoin Honors a Legendary President

North Dakota is partnering with Fiserv to launch a USD-backed stablecoin. Roughrider Coin, based on President Teddy Roosevelt, will hopefully conduct a pilot launch in 2026.

There aren’t many details available about any technical questions, but that’s fairly unsurprising. It may take months to choose a blockchain for this token, if the last state-run stablecoin is any consideration.

North Dakota’s Stablecoin

Wyoming made headlines last month when it became the first US state to launch a stablecoin, a process that took several months to develop.

Sponsored

Sponsored

Today, Fiserv, a fintech and payments company, made a joint announcement with the state-owned Bank of North Dakota, claiming that they will also launch a dollar-backed stablecoin soon.

The new stablecoin in question has been dubbed “Roughrider Coin,” after President Teddy Roosevelt’s famous cavalry regiment.

Although Roosevelt was not a North Dakota native, he spent much of his life as a state resident, lending his likeness to the stablecoin.

A Dearth of Web3 Details

Thanks to the partnership with North Dakota’s government and state banks, Fiserv hopes to launch the stablecoin as a pilot in 2026. This soft release will include banks and credit unions, but there aren’t many details available.

Unfortunately, there’s very little concrete information right now, other than the enthusiasm of the participants. Most of the press release consists of quotes and the relevant companies’ backgrounds, not any data pertinent to the token’s capabilities.

This shouldn’t be that surprising, though. Wyoming took months to decide on a blockchain for its stablecoin, and North Dakota is starting from the very beginning too. We may be waiting quite a while before we learn any practical details.

Still, this could be a huge milestone for US crypto adoption. North Dakota is on track to be the second state with its own stablecoin, but it might not be the last.

Source: https://beincrypto.com/north-dakota-to-launch-roughrider-usd-stablecoin/

Market Opportunity
Threshold Logo
Threshold Price(T)
$0.007066
$0.007066$0.007066
+0.94%
USD
Threshold (T) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

CME Group to Launch Solana and XRP Futures Options

CME Group to Launch Solana and XRP Futures Options

The post CME Group to Launch Solana and XRP Futures Options appeared on BitcoinEthereumNews.com. An announcement was made by CME Group, the largest derivatives exchanger worldwide, revealed that it would introduce options for Solana and XRP futures. It is the latest addition to CME crypto derivatives as institutions and retail investors increase their demand for Solana and XRP. CME Expands Crypto Offerings With Solana and XRP Options Launch According to a press release, the launch is scheduled for October 13, 2025, pending regulatory approval. The new products will allow traders to access options on Solana, Micro Solana, XRP, and Micro XRP futures. Expiries will be offered on business days on a monthly, and quarterly basis to provide more flexibility to market players. CME Group said the contracts are designed to meet demand from institutions, hedge funds, and active retail traders. According to Giovanni Vicioso, the launch reflects high liquidity in Solana and XRP futures. Vicioso is the Global Head of Cryptocurrency Products for the CME Group. He noted that the new contracts will provide additional tools for risk management and exposure strategies. Recently, CME XRP futures registered record open interest amid ETF approval optimism, reinforcing confidence in contract demand. Cumberland, one of the leading liquidity providers, welcomed the development and said it highlights the shift beyond Bitcoin and Ethereum. FalconX, another trading firm, added that rising digital asset treasuries are increasing the need for hedging tools on alternative tokens like Solana and XRP. High Record Trading Volumes Demand Solana and XRP Futures Solana futures and XRP continue to gain popularity since their launch earlier this year. According to CME official records, many have bought and sold more than 540,000 Solana futures contracts since March. A value that amounts to over $22 billion dollars. Solana contracts hit a record 9,000 contracts in August, worth $437 million. Open interest also set a record at 12,500 contracts.…
Share
BitcoinEthereumNews2025/09/18 01:39
The Man Behind a $73 Million Crypto Scam Is Sentenced But He’s Nowhere to Be Found

The Man Behind a $73 Million Crypto Scam Is Sentenced But He’s Nowhere to Be Found

A federal judge in the Central District of California has sentenced Daren Li in absentia to 20 years in prison, the statutory maximum, for orchestrating a global
Share
Ethnews2026/02/11 03:22
Trump floats permanent change for all future presidents

Trump floats permanent change for all future presidents

President Donald Trump took to social media Tuesday to champion the ongoing construction of his White House ballroom project, but buried in his comments was an
Share
Rawstory2026/02/11 03:11