Marshall Islands Tests USDM1 Token on Stellar for Universal Basic Income Access

The Marshall Islands is pioneering crypto for universal basic income using Stellar's USDM1 token, a yield-bearing sovereign bond distributed via digital wallets to over 40,000 citizens, enhancing financial access in a cash-reliant, remote nation. USDM1 serves as a stable digital asset: Fully collateralized and yield-generating, it acts as both a payment medium and investment tool [...]