According to Odaily, the Senate of the Northern Mariana Islands has voted 7-1 to overturn the governor's veto on a stablecoin bill, potentially paving the way for the issuance of a stablecoin backed 1:1 by the U.S. dollar, known as the 'Marianas USD (MUSD).' If the 20-member House of Representatives also overturns the veto with a two-thirds majority, the Pacific island with a population of just 2,000 could become the first U.S. jurisdiction to issue an official stablecoin, ahead of Wyoming, which plans to launch its own in July.