Tiny Island, Big Moves: Marianas Might Beat the U.S. to Its First Official Stablecoin!
Meet $MUSD – The Dollar-Backed Coin You Didn’t See Coming
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According to Odaily, the Northern Mariana Islands (yes, that gorgeous little Pacific paradise) just made a huge move in the world of digital finance. The Senate voted 7–1 to overturn the governor’s veto on a stablecoin bill—and if the House follows through, we could see the launch of Marianas USD (MUSD) backed 1:1 with the U.S. dollar.
And here’s the twist:
They’d beat Wyoming—yes, the crypto cowboy state—to launching the first official U.S. stablecoin. Talk about an underdog story!
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What’s the tea?
MUSD would live on the eCash blockchain
Backed by cash + U.S. Treasury bonds
Transparent. Regulated. Island-coded.
House vote pending, but this is real momentum
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Not everyone’s on board tho—
Senator Celina Babauta said enforcement could be an issue, but Republican Jude Hofschneider clapped back, saying blockchain = ultimate transparency. Hard to argue with that.
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Why you should care:
• First official U.S. stablecoin = massive precedent
• Might become a blueprint for other regions
• Could shake up stablecoin dominance (USDC, USDT, watch your backs)
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From a 2,000-person island to potentially leading a financial revolution. You LOVE to see it.
Bullish on $MUSD or keeping your bags packed with the usual suspects?
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#MUSD #StablecoinNews