Plus: Altcoin ETFs might come with staking

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GM. The crypto grove's been busy squeezing out new updates faster than we can drink them.

Here's what's worth a taste today:

💵 North Dakota's stablecoin;

🍍 ETF inflows + altcoin ETFs;

🍋 Best digital wallets, crypto views may sway 2026 voters + more

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Find out more about the Fear & Greed Index here.

Name		Price	24H	7D
Crypto Market Cap: $4.15T -0.95% (24H)
	Bitcoin BTC	$121,675.42	-0.66%	1.85%
	Ethereum ETH	$4,362.93	-2.38%	-1.11%
	BNB BNB	$1,243.74	-4.17%	18.35%
	XRP XRP	$2.83	-1.27%	-5.13%
	Solana SOL	$222.29	0.44%	-1.64%

Prices as of 10:00 AM EST. Click here to see live data.

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💵 North Dakota's stablecoin

Seeing a parent join TikTok is a weird feeling.

On one hand, you're proud they're catching up. On the other, you're worried they'll ruin your algorithm.

(Case in point: my mom joined last week and has already sent me five "life hacks" that hack absolutely nothing. Love her, but if I see one more video about folding towels the right way, I might lose my marbles fr.)

Meme about cutting tennis balls in half to save space

And this feeling is similar to seeing TradFi get into crypto.

The latest example: the Bank of North Dakota announced it's building something called the Roughrider coin - a US dollar-backed stablecoin.

They're doing it with Fiserv, one of the biggest payments tech companies in the world that runs a lot of the software banks and stores already use.

It's meant for everyday banking activities (stuff like bank transfers, merchant payments, and settlements) and is supposed to launch in 2026, starting with North Dakota's banks and credit unions.

Kelly Armstrong's tweet about the Roughrider coin

Source: @GovArmstrong

Now, the Bank of North Dakota is special - it's the only state-owned bank in the US.

That means a state government is now adopting crypto infrastructure - using tokenized dollars, likely on a blockchain, to speed up money movement inside TradFi.

It's actually not the first state to try it - Wyoming launched its own stablecoin, the Frontier Stable Token, earlier this year. But North Dakota's project stands out because it's bringing in a major payments provider from day one.

That means this isn't a test run; it's already a step toward real use in the existing financial system.

Wyoming Stable Token Commission's tweet about the launch of the Frontier Stable Token

Source: @wyostable

And here's what this whole thing means 👇

1/ Regulation

When a state-backed bank mints a stablecoin, it shows that blockchain-based money is entering the mainstream financial system.

That lowers the legal and technical risks for companies that build the rails - like Layer-1 blockchains, stablecoin platforms, and on-chain compliance tech.

2/ Proof that tokenization is real

North Dakota's plan fits the trend of putting traditional assets on-chain.

Institutions like BlackRock are already experimenting with tokenized funds; now a US state is tokenizing its currency.

It's confirmation that on-chain settlement is where finance is heading.

3/ Pressure on private stablecoins

A state-issued, fully transparent, FDIC-level stablecoin challenges the market dominance of USDT and USDC.

Even if Roughrider never scales nationwide, it pressures private issuers to improve transparency - which reduces systemic risk for DeFi and strengthens investor confidence.

4/ Bridge to TradFi capital

If government-backed stablecoins become normal, it becomes easier for banks, pension funds, and insurers to move money on-chain.

That creates new demand for infrastructure, liquidity pools, and tokenized assets - all of which support long-term growth in the crypto ecosystem.

Looking at phone happy

Basically, Roughrider Coin isn't gonna pump token prices tomorrow.

But it does something more important: it builds trust in the system crypto runs on and proves that the ideas born in crypto are starting to impact how traditional money moves.

And just like watching your parents on TikTok: you might cringe, you might be impressed - but either way, you know it means the thing's officially gone mainstream.

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💸 Find the best app for global transfers

10-09 Mission: Best money transfer app

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⏰ Deadline: November 9.

Btw, those Bits will give you a boost in the $15K BitDegree Season 8 Airdrop 👀

Soooo... ready to make your money move smarter?

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🥝 Memecoin harvest

Top pumps so loud your portfolio probably just woke up ⏰

Data as of 11:05 AM EST.

Check out these memecoins and plenty more here.

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🍍 Market flavor today

Bitcoin didn't hit new all-time highs today, but ay, we're still above $120K. A win is a win.

We're still winning because institutions are doing the heavy lifting: Bitcoin ETFs have had no red days and nearly $6B in inflows since last Monday.

And Bitwise's Matt Hougan thinks these inflows ain't gonna stop - he expects Q4 to be massive for ETF inflows and predicts 2025 could break records again.

For context: their current record year is 2024 - their first year - with $36B in inflows.

This year, we're sitting at about $22.5B, so we've got roughly $13.5B to go.

BTC ETF flows, 10-09

Source: Farside Investors

Ethereum ETFs are also doing great - nearly $2B in inflows since last Monday.

"Ok... and how 'bout altcoin ETFs? We were promised Altcoin ETF October... Wen launch??" - you, maybe.

Here's the thing: the SEC's new generic listing standards made it easier and faster to get new crypto ETFs approved.

But... the US government shutdown paused most of the SEC's work. So, new filings (including SOL and XRP ETF proposals) have been delayed.

When those approvals finally land, tho'? That's when it gets interesting.

Because the latest filings hint that ETH and SOL ETFs might include staking rewards.

Translation: yield is coming to the cleanest, most regulated products on the market. Which might look pretty sexy to investors. Which might make price go up 😏

So yeah - prices are chill right now, but big things might be coming soon!

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