Home
News
Details

Marshall Islands Launches World's First UBI via Stellar-Based Digital Bond

iconBitcoinWorld
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
This is the logo of the coin.
XLM
$0.216-0.27%
This is the logo of the coin.
BTC
$88,375.100.42%
The Republic of the Marshall Islands has launched the world’s first universal basic income (UBI) system using a Stellar-based digital bond. The USDM1 digital sovereign bond is backed one-to-one with short-term U.S. Treasury bonds and delivered via digital wallets. The project, built with the Stellar Development Foundation and Crossmint, aims to boost financial inclusion and transparency. The move aligns with growing **digital asset news** and positions the nation as a pioneer in digital sovereign finance. The initiative could serve as a model for other small countries exploring **digital collectibles news** and blockchain-based economic systems.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.