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USDM1 is a USD-denominated, sovereign bond issued onchain by the Republic of the Marshall Islands, a.
As of 2026-10-31 02:23 UTC. The Crypto App market data.
USDM1 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,…