Northern Mariana Islands Joins Wyoming In Approving State-Backed Stablecoin Legislation

Northern Mariana Islands issues ‘first U.S. Govt-issued stablecoin’ – Will Wyoming fall back?

Tinian in the Northern Mariana Islands is set to launch the first U.S. public stablecoin backed by cash and Treasuries-marking a major step in crypto adoption.

Northern Mariana Islands Joins Wyoming In Approving State-Backed Stablecoin Legislation

The Municipality of Tinian and Aguiguan of the Northern Mariana Islands has boldly and significantly overruled a gubernatorial veto to approve a measure allowing the creation of a government-backed stablecoin—the Marianas US Dollar (MUSD). With this clearance, Tinian is now running fiercely against Wyoming to introduce the first public stablecoin in the US. Originally passed unanimously in March, Governor Arnold Palacios rejected the measure in …

Northern Mariana Islands Joins Wyoming

The Municipality of Tinian and Aguiguan of the Northern Mariana Islands has boldly and significantly overruled a gubernatorial veto to approve a measure allowing the creation of a government-backed stablecoin—the Marianas US Dollar (MUSD). With this clearance, Tinian is now running fiercely against Wyoming to introduce the first public stablecoin in the US. Originally passed unanimously in March, Governor Arnold Palacios rejected the measure in …

Tinian to Launch First U.S. Government-Backed Stablecoin After Veto Overridden

Tinian will issue a US-backed stablecoin after lawmakers overruled the governor’s veto of the bill. The new stablecoin called MUSD will be tied to online casinos as part of Tinian’s economic strategy. Tinian could launch the first public US stablecoin ahead of Wyoming which plans to launch in 2025. The Northern Mariana Islands has approved a bill to issue a government-backed stablecoin through its island of Tinian. Lawmakers voted to override Go…

Northern Mariana Islands passes bill to issue government-backed MUSD stablecoin

The Northern Mariana Islands, a U.S. territory in the Pacific, has passed legislation allowing its island of Tinian to issue a government-backed stablecoin. On May 15, lawmakers in the Northern Mariana Islands House voted 14-2 to override Governor Arnold Palacios’…