North Dakota plans to introduce a state-backed stablecoin named "Roughrider Coin" in 2026, becoming the second U.S. state after Wyoming to issue a state-level stablecoin. The initiative is led by the Bank of North Dakota, the only state-owned bank in the U.S., in collaboration with Fiserv. The stablecoin will leverage technology platforms from Paxos and Circle and will be fully backed by the U.S. dollar. Initially, it will facilitate financial transactions such as loan issuance, overnight lending, and construction financing among state banks and credit unions, with potential future expansion to offer stablecoin deposit accounts to customers.