Bank of North Dakota to launch state’s first stablecoin known as Roughrider coin
North Dakota is stepping into the future of finance with a frontier name to match. The Bank of North Dakota announced plans to launch the “Roughrider coin,” a state-backed stablecoin designed to speed up bank-to-bank transfers and modernize the state’s financial system. Unlike bitcoin, it’s tied to the U.S. dollar, making it stable and predictable. Officials say it’s about keeping North Dakota’s hometown banks competitive in a fast-changing digital economy. For more on the story including an introduction to what the “stablecoin” is, Jacob Orledge with North Dakota Monitor has the coverage.
Josh Wolsky
Developer & Writer @TheMinot Voice, Fan of the Souris River, SavorMinot Advocate. Fortunate to be a 'former' City Council member ;)
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