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homeCoinsUSDM1
Updated 09:05 PM UTC
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USDM1USDM1

$1.02
$0.0125
(1.22%)
Today
Mkt Cap$1.04M
Vol7.00
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AboutUSDM1 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.
Details
Categories
Ethereum EcosystemReal World Assets (RWA)Solana EcosystemStablecoinsStellar EcosystemTokenized AssetsTokenized TreasuriesUS Treasury-backed Stablecoin
Date
Market Cap
Volume
Close
August 05, 2026
$1.04M
$7.00
---
August 05, 2026
$1.05M
$49,994.73
---
August 02, 2026
$1.04M
$19.52
$1.02
August 01, 2026
$1.03M
$98.21
$1.01
July 31, 2026
$1.03M
$98.20
$1.00
July 30, 2026
$1.04M
$17.30
$1.02
July 29, 2026
$1.03M
$327.82
$1.01
July 28, 2026
$1.04M
$15.36
$1.02
July 27, 2026
$1.04M
$15.36
$1.02
July 26, 2026
$1.04M
$89.20
$1.02

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CategoriesEthereum Ecosystem, +7 more
About
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, 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.

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