Marshall Islands issues Universal Basic Income using Stellar and also launches sovereign stablecoin USDM1

LiquidityWitch · 2025-12-25T03:12:13+00:00

The Marshall Islands will launch a Universal Basic Income (UBI) program in 2025, distributing basic income through the Stellar blockchain, funded by the Compact Trust Fund. This program is open to all citizens, with no income restrictions and flexible disbursement. At the same time, a digital sovereign bond USDM1, anchored to short-term U.S. Treasury bonds, has been introduced, combining traditional finance with blockchain technology to explore on-chain stablecoin applications.

LiquidityWitch

2025-12-25 03:12:13

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【Bitu】The Marshall Islands has taken a major step—starting from November 26, 2025, the government officially launched the National Basic Income Program (ENRA), distributed via the Stellar blockchain.

Where does this money come from? It is allocated from the investment returns of the Compact Trust Fund, with a cap—up to 4% annually. The coverage includes all citizens, with no income or employment restrictions, and distributions are made regularly. The payment methods are flexible, including checks, bank transfers, and blockchain wallets. The digital wallet used is Lomalo, which is supported by Stellar technology.

Even more interesting, the Stellar Foundation has jointly launched a digital sovereign bond called USDM1. This bond is pegged 1:1 to U.S. short-term Treasury bonds, denominated in USD, and redeemed at face value. In simple terms, it combines traditional financial instruments with blockchain technology, creating a new stablecoin option.

This case is quite noteworthy—using blockchain at the national level to distribute public funds while exploring on-chain stablecoin applications. Stellar has moved from theory to practical application this time.

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quietly_staking

· 12-26 22:58

Marshall's move is interesting. Using Stellar directly for UBI payments—are they genuinely solving real-world problems with blockchain or just hype?

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StableBoi

· 12-26 12:15

Marshall's recent move is quite aggressive, directly making Stellar a national financial infrastructure... Is it really stable enough to operate reliably?

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AirdropHarvester

· 12-25 09:25

Marshall's move this time is really brilliant, directly using Stellar to issue UBI. This approach is quite bold...

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NotFinancialAdvice

· 12-25 03:41

Marshall's move is really solid this time, UBI directly on the chain, Stellar is about to take off, right?

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ChainMelonWatcher

· 12-25 03:39

Marshall Islands is really going all-in on blockchain, directly moving UBI onto the chain, and even creating sovereign stablecoins? That's quite bold.

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degenonymous

· 12-25 03:34

Marshall really took UBI to the next level this time, with Stellar serving as the infrastructure... But a 4% cap sounds a bit conservative.

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WalletDivorcer