The Marshall Islands debuts on the chain UBI with USDM1 bond backed by US government bonds
The Republic of Marshall Islands (RMI) has completed the world’s first on-chain Universal Basic Income (UBI) payment using a digital native government bond, USDM1, via the Stellar blockchain. Developed in partnership with the Stellar Development Foundation (SDF) and infrastructure provider Crossmint, the multimillion-dollar initiative is part of RMI’s national UBI program, known locally as ENRA, […]









