Summary
- The government of the U.S. state of North Dakota said it plans to launch a dollar-linked stablecoin called Roughrider Coin in 2026.
- The stablecoin is expected to be used initially for interbank loans, same-day lending, and infrastructure financing by regional banks and credit unions.
- It said there is also a possibility it could be expanded in the future into a stablecoin deposit account service.
On the 8th (local time), Bloomberg reported that the government of the U.S. state of North Dakota plans to launch a dollar-linked stablecoin called 'Roughrider Coin' in 2026.
The stablecoin is expected to be used initially for interbank loans among regional banks and credit unions, same-day lending, and infrastructure financing, and it was reported that it could later be expanded into a stablecoin deposit account service for general customers.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
