Tinian Makes History: First US Stablecoin Could Launch Soon

While US lawmakers struggle with crypto regulations, a tiny Pacific island is poised to become a pioneer in the realm of stablecoins. The Northern Mariana Islands’ Tinian has taken major steps toward issuing its own USD-backed stablecoin, potentially setting a precedent for other jurisdictions. If this legislation passes, it could mark the first time a US territory issues a government-sanctioned, fully-backed digital currency.