The stablecoin is called the Marianas US Dollar (MUSD) and will be backed by cash and US Treasury bills held in reserve by the Tinian Municipal Treasury
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Stablecoin bill passes in Northern Marianas as House overrides veto
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The Tinian Municipal Treasury will issue, manage and redeem the Marianas US Dollar (MUSD) stablecoin, with each token fully backed by US dollars and Treasury bills held in reserve
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The Tinian stablecoin, formally called the Marianas US Dollar (MUSD), will be backed by cash and US Treasury bills held in reserve by the Tinian Municipal Treasury
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