MUSD could reportedly become the first government-backed stablecoin issued by a US public entity, if it launches before Wyoming’s July 2025 target, potentially overtaking the state’s planned release

Quotes that support claims

If launched ahead of schedule, MUSD could become the first government-backed stablecoin issued by any U.S. public entity, beating out the state of Wyoming, which is working toward a similar goal by July 2025.

It may put the Tinian government in the lead to be the first US public entity to issue a stablecoin, which it must do before July if it’s to beat the state of Wyoming government, which is aiming to issue a stablecoin by then.