USDM1
USDM1 #2824Project Safety Score: 46%
Updated 2 hours, 5 minutes agoUSDM1 is a USD-denominated, sovereign bond issued onchain by the Republic of the Marshall Islands, a sovereign nation operating on the U.S. dollar standard. Each unit is issued at par and fully collateralized 1:1 by short-dated U.S. Treasuries held on a segregated basis with a U.S. trust company. USDM1 represents a direct sovereign obligation, issued under New York law with explicit waivers of sovereign immunity, providing legal enforceability consistent with traditional sovereign debt instruments. While it functions operationally similar to a stablecoin, supporting on-chain transfer, transparency, and settlement efficiency, USDM1 is not a private corporate stablecoin, CBDC, wrapped asset, or synthetic dollar representation.
Risk Report
Cryptocurrency carries risk. Every project listed on this site, regardless of its score, operates in a volatile and largely unregulated market. Tokens can lose most or all of their value. A high score reflects lower structural risk based on the data we can measure. It does not mean a project is safe, that the price will hold, or that losses are unlikely. Always research independently and never commit money you cannot afford to lose.
Price Chart
Contract Security
0x90a1717e0dabe37693f79afe43ae236dc3b65957On-Chain Facts
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0x6f161ad0e297ecb9d…99.33% -
0xcbd3835dc09052cc0…0.18% -
0xeec9bf745886f4133…0.18% -
0x4c0001c6a45e53593…0.13% -
0xfd300a0e9b67c8861…0.06% -
0xa6dfbebf6f3ae1c7c…0.06% -
0x827794f23d9187e94…0.05% -
0xf6d9f67a984e3c92c…0.01% -
0xd60b5f0874950b5bb…0.01% -
0x55f2d12de6ccaab71…0.00%
USDM1 Exchanges
Top 2 by trust scoreView on Chain
Market Stats
Recent News
Marshall Islands UBI Bond Draws Crypto Backers Despite IMF Warning
Surus Serves as U.S. Trustee, Custodian and Collateral Agent for Marshall Islands' USDM1, World's First On-Chain Sovereign Bond
Marshall Islands debuts on-chain UBI with USDM1 bond backed by U.S. Treasuries
Revolutionary: Marshall Islands Pioneers World’s First UBI Using Stellar-Based Digital Bond | Blockchain digital finance