"The MUSD stablecoin, backed by cash and U.S. Treasuries, and running on the eCash blockchain, is designed to help Tinian diversify its economy."
https://cryptonews.com/news/tinian-first-us-public-usd-stablecoin-ecash/
https://cryptonews.com/news/tinian-first-us-public-usd-stablecoin-ecash/