The resolution directs the Legislative Management of North Dakota to explore the feasibility and desirability of political subdivisions investing in stablecoins, which are digital currencies designed to maintain a stable value. It highlights the potential benefits of stablecoins, such as improved payment efficiency and enhanced financial inclusion, while also acknowledging the risks associated with their use, including technological advancements, cybersecurity threats, and market volatility.

The study will involve input from various stakeholders, including representatives from political subdivisions, to address critical aspects such as security, risk management, compliance, and oversight related to stablecoin investments. The Legislative Management is tasked with reporting its findings and recommendations, along with any necessary legislation, to the upcoming Seventieth Legislative Assembly.