New Hampshire is formally investigating the future of stable tokens through a statutory state commission established by HB 310.

The commission is studying the legal, regulatory, financial and technological considerations surrounding state-level stable token frameworks, alongside tokenized real-world assets and blockchain-based trusts.

Status: 🟡 Investigating / Under Review

New Hampshire has not launched a state-backed stable token, and no state-issued token has yet been authorised.

Instead, the state is undertaking a formal public review that could inform future legislation and determine whether, and how,  a state-level stable token framework should develop.

StableTokens.com independently monitors commission activity, official legislative records and government publications relating to the initiative.

New Hampshire General Court - HB 310

HB 310 established the Commission to Study Stable Tokens, Tokenized Real-World Assets, and Blockchain-Based Trusts Frameworks.

View HB 310 and official bill status

New Hampshire General Court - Statutory Commission

Official commission information includes membership, meeting activity, statutory responsibilities and the final-report deadline.

View the official commission record

New Hampshire's Commission to Study Stable Tokens remains an active statutory committee.

The commission held regular meetings throughout 2026, including meetings on January 14, February 10, March 10, April 6, May 4, May 13 and August 19. 

Its work remains focused on evaluating stable-token regulatory frameworks and associated legal, financial and technological considerations.

The commission must deliver its findings and any recommendations for proposed legislation by November 1, 2026. 

Last updated: September 2026

New Hampshire is significant because its stable-token activity has moved beyond informal political discussion.

HB 310 passed both chambers of the New Hampshire General Court and was signed into law. The resulting commission is now part of the state's statutory framework. 

That gives New Hampshire a different position from states where stable tokens have merely been mentioned in proposed legislation or broader digital-asset policy.

But it is equally important not to overstate the state's progress.

New Hampshire is studying the issue - not implementing a token.

That distinction is why StableTokens.com classifies the state as 🟡 Investigating / Under Review, rather than In Development.

Under HB 310, the commission is required to examine several areas relevant to the potential development of a state-level stable-token framework.

These include:

• the existing stable-token regulatory landscape; 
• legal, regulatory, financial and technological considerations; 
• approaches being taken by other jurisdictions; 
• potential benefits and risks; 
• consumer protection and privacy; 
• risk management; 
• economic opportunities associated with blockchain and digital assets. 

The commission can then make recommendations for future legislation. 

This is an important distinction.

The legislation created a study process. It did not authorise issuance of a New Hampshire stable token.

New Hampshire's next major milestone is the commission's final report.

The report must describe its activities and findings and may contain legislative or regulatory recommendations.

It is due to the Speaker of the House, President of the Senate, relevant legislative committees, Governor and other state bodies by November 1, 2026. 

That report could become an important decision point.

If the commission recommends legislation specifically authorising or establishing a publicly backed stable token,  and the state begins advancing that legislation or implementation programme, StableTokens.com could then reconsider New Hampshire's classification.

Until that happens, Investigating is the appropriate evidence-based status.

The three states currently highlighted by StableTokens.com represent three different stages of development.

Wyoming has progressed to an operational state-backed stable token through FRNT.

North Dakota is developing Roughrider Coin through the state-owned Bank of North Dakota.

New Hampshire is conducting a statutory investigation into stable-token frameworks and potential future policy.

That progression - Live → In Development → Investigating - is exactly what the StableTokens.com classification system is designed to show.

New Hampshire therefore remains important to the national picture without being presented as further advanced than the public evidence supports.

New Hampshire's work also covers more than stable tokens.

HB 310 specifically directs the commission to consider tokenized real-world assets and blockchain-based trusts, alongside stable tokens. 

This means the commission's eventual recommendations could form part of a broader state digital-asset framework rather than solely proposing a state-issued digital dollar.

That is another reason StableTokens.com will wait for the commission's findings before drawing conclusions about the eventual model.

Between now and the final report, StableTokens.com is monitoring:

• commission meetings and official records; 
• findings and recommendations; 
• proposed legislation resulting from the commission; 
• potential issuance or governance models; 
• reserve and financial-framework proposals; 
• public oversight structures; 
• and official state announcements. 

New Hampshire's classification will change only when new public evidence satisfies the StableTokens.com methodology.

StableTokens.com documents the emergence of publicly issued and state-backed stable tokens across the United States using verifiable public evidence.

A state is not classified as developing a state-backed stable token simply because it regulates stablecoins, adopts blockchain legislation or supports private digital-asset companies.

There must be evidence of genuine state-level activity relevant to potential public issuance.

Evidence comes first.

Transparency comes before hype.

Public finance deserves public facts.

The key date for New Hampshire is now November 1, 2026.

The commission's final report should provide considerably more clarity about whether New Hampshire intends to progress from studying stable-token frameworks toward concrete legislation or implementation.

Until then:

🟡 Status: Investigating / Under Review

Initiative: Statutory Commission to Study Stable Tokens

Authority: HB 310 / RSA 383:26

Next milestone: Final Commission Report

Report deadline: November 1, 2026

StableTokens.com will update this tracker when verified public information becomes available.

StableTokens.com exists to document, explain and track the emergence of publicly issued stable tokens in the United States.

Every classification is based on official legislation, executive action, commission activity, treasury publications or government announcements.

Evidence-based. Transparent. Public.

• What Is a State-Backed Stable Token? - Learn Guide 001.
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• State-Backed Stable Tokens vs CBDCs - Learn Guide 003.
• How Reserve Backing Works - Learn Guide 004.
• How States Launch Stable Tokens - Learn Guide 005.
• Explore the U.S. State-Backed Stable Token Tracker - Follow verified state-backed stable token developments across all 50 U.S. states.
• Stable Token Glossary - Reference Guide