stablecoin

Ag commissioner lukewarm on Bank of North Dakota’s foray into stablecoin

Gov. Kelly Armstrong, center, speaks during a meeting of the Industrial Commission next to Agriculture Commissioner Doug Goehring, left, and Attorney General Drew Wrigley on Oct. 27, 2025. (Photo by Michael Achterling/North Dakota Monitor)BISMARCK, N.D. (North Dakota Monitor) — One of the state officials responsible for overseeing the Bank of North Dakota is urging caution as the financial institution begins…

Bank of North Dakota to launch state’s first stablecoin known as Roughrider coin

Don Morgan, president of the Bank of North Dakota, speaks at Bismarck State College on Oct. 8, 2025. (Photo by Michael Achterling/North Dakota Monitor)BISMARCK, N.D. (North Dakota Monitor) — The Bank of North Dakota announced Wednesday plans to launch the Roughrider coin, the state’s first stablecoin. Stablecoin is a type of cryptocurrency that can facilitate instant money transfers, streamline bank-to-bank…