šØMARIANA DOLLAR BECOMES FIRST U.S. GOVERNMENT-STABLECOIN AFTER VETO OVERTURNED
š¹Northern Mariana Islands
#passed MUSD bill on May 16, overturning governor's veto
š¹MUSD: 1:1 backed by USD and Treasury bonds, issued on eCash blockchain
š¹Tech partner: Marianas Rai Corporation, based on Tinian Island
š¹Linked to economic revitalization, includes internet casino licensing
š¹May beat Wyomingās stable token to become first U.S. local-government stablecoin
š¹Experts warn of technical and regulatory hurdles, await federal response