The Northern Marianas House of Representatives voted 14-2 to override Governor Arnold Palacios’ veto and approve a stablecoin bill. This action allows Tinian Island to issue the Marianas […]
Tinian Island Approves Stablecoin Issuance: First U.S. Public Entity?
The Northern Mariana Islands, a US Pacific territory, has approved legislation permitting Tinian Island to issue a stablecoin called the Marianas US Dollar (MUSD). This marks a significant […]
Northern Marianas Governor Vetoes Stablecoin Bill, Ending Local Currency Experiment
The governor of the Northern Mariana Islands has vetoed legislation that would have allowed one of the territory’s local governments to launch a US dollar-pegged stablecoin. The bill, […]