(Bismarck, ND) — The Bank of North Dakota is planning to launch its new stable coin in the fall. It’s being branded as the “Roughrider Coin” and will be eligible for use in the North Dakota banking system. The digital currency will be tied to the value of the U.S. dollar and regulators hope it will streamline financial transactions between banks. An analysis will be presented to the North Dakota Industrial Commission on March 25th. Several high-level officials like Gov. Kelly Armstrong and Attorney General Drew Wrigley have urged the bank to proceed with its plan with caution.
Bank Of North Dakota’s ‘Roughrider Coin’ To Launch Next September
