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Published Northern Mariana IslandsUpdated

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

Summary by FinanceFeeds
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 …
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crypto.news broke the news in on Friday, May 16, 2025.
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