A USD Stablecoin minted by a US public entity on the same. Blockchain that minted the first Tether Usdt on Bitcoin.

📢 It’s official: The first-ever US government-issued stablecoin, the Marianas US Dollar $MUSD, has been minted on the eCash $XEC blockchain. The ceremony took place in Tinian, at the House of Taga ancestral site.

$MUSD Mint Transaction: https://explorer.e.cash/tx/b1734f6d17e5935f89ee82fac157bc771a2cbb28bdedf192353483bf3e295d8c

DeFi systems are taking root through local governance! 🔥

https://x.com/cyprianous/status/1924263893062598727