Overview

• Roughrider Coin is designed for use by North Dakota banks and credit unions to speed interbank settlements that officials say could drop from days to minutes.
• The token will run on Fiserv’s digital asset platform and connect to its FIUSD program, positioning the project within existing regulated banking infrastructure.
• Bank leaders say initial use will focus on bank-to-bank transfers with potential future support for merchant payments and cross-border transactions.
• The initiative follows passage of the federal GENIUS Act in July, which BND cites as providing regulatory clarity to pursue a state-issued, dollar-backed token.
• Reporting notes Wyoming’s Frontier Stable Token launched earlier this year, placing North Dakota among the early state entrants rather than the first.