eCash (XEC) - Marianas USD Stablecoin - 19 May 2025

The Marianas US Dollar ($MUSD) is the first US government-issued stablecoin, and it has been created on the eCash ($XEC) blockchain. This event shows trust from a government and could drive much attention to eCash. Many users may look to buy XEC to interact with this new stablecoin. If more US regional stablecoins use eCash, the demand could grow a lot. Still, price impact depends on how much the market believes this use case will grow. If taken seriously, this news can become a big price catalyst. source It’s official: The first-ever US government-issued stablecoin, the Marianas US Dollar , has been minted on the eCash blockchain. The ceremony took place in Tinian, at the House of Taga ancestral site.DeFi systems are taking root through local governance!