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North Dakota plans to launch Roughrider Coin next year

Network reports that according to Bloomberg, North Dakota plans to launch the "Roughrider Coin" stablecoin in 2026, which may become the second U.S. state after Wyoming to issue state-level stablecoin. It is reported that the stablecoin will be fully backed by the US dollar and will be mainly used in financial transactions such as loan issuance, overnight lending and construction financing between banks and credit unions in the state. It will be led by the Bank of North Dakota and issued in cooperation with Fiserv, which will rely on Paxos and Circle's technology platforms.

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