Photo Credit: Thomas Manglona II / Marianas Press
On this day, the 19th of May 2025, we the leadership and people of The Municipality of Tinian and Aguiguan forever enshrine this $100 U.S. dollar bill as the perpetual reserve for the first fully-reserved, fiat backed stable token issued by a public entity in the United States. We dedicate this achievement to the the people of the Commonwealth of the Northern Mariana Islands, especially our youth and future generations, and to the unbroken lineage from the original Bitcoin codebase established by Satoshi Nakamoto.
US territories position for digital currency opportunities under federal stablecoin law
The Guam Daily Post – July 27, 2025
For U.S. territories, the new law [The GENIUS Act] provides both regulatory clarity and unique competitive advantages as they explore digital finance opportunities.
“This law applies to CNMI,” Armani said. “Because this particular law is not an amendment to an existing law. It creates an entirely new chapter in the US Code. So, for the purposes of the GENIUS Act, CNMI is treated as one of the states.”
Interview with Executive Director of the Wyoming Stable Token Commission Anthony Apollo
KOA Colorado Radio – June 25, 2025
This five minute listen provides an excellent and easy to understand explanation of “stabletokens” and their financial model and benefits for users. Tinian Local Law 24-03 is so closely worded to the Wyoming legislation that “Wyoming” can be replaced with “Tinian” and this explanation remains valid and highly informative.
Sen. King-Nabors: Launching MUSD just the beginning
“Tinian is uniquely positioned to emerge as an international leader in blockchain innovation. Here, the sun rises first on America’s digital financial future.”
Marianas U.S. Dollar (MUSD) Geneis Mint Transaction
eCash Block Explorer – May 19, 2025
“Si Yuus maase Tinian”
Stablecoin bill passes in Northern Marianas as House overrides veto
“The government of the tiny Pacific island of Tinian could be the first public US entity to launch a stablecoin after the region’s legislature overrode a veto of a stablecoin bill.”
Northern Mariana Islands Joins Wyoming In Approving State-Backed Stablecoin Legislation
“This is more than a blockchain experiment,” said Pacific Island development economist Justin Ngiracheluch. “It’s a strategic attempt to leap forward traditional financial constraints by creating programmable money inside a well-regulated framework.”
‘A missed opportunity of epic proportions’
Marianas Variety – April 17, 2025
“Binance Square described the veto as a “missed opportunity for Tinian to become the first U.S. government entity to issue a stablecoin, potentially ahead of Wyoming.”
The Island That Could Issue America’s First Stablecoin
“If passed, Tinian could leapfrog over better-known jurisdictions like Wyoming, which has long been championing itself as a crypto-friendly haven and is also racing to launch a state-backed digital currency.”
The Cryptonomist – April 15 2025
“If passed, Tinian could leapfrog over better-known jurisdictions like Wyoming, which has long been championing itself as a crypto-friendly haven and is also racing to launch a state-backed digital currency.”
Northern Marianas vetoes bill for Tinian to launch its own USD stablecoin
Cointelegraph – April 15, 2025
“The bill’s passage could have seen Tinian’s government be the first US government entity to issue a stablecoin ahead of Wyoming, whose Governor Mark Gordon said in March that the state’s stablecoin could be ready for a launch in July.”
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