Updated 03:38 AM UTC
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USDM1 USDM1

$1.02
$0.00
(0.00%)
Today
Mkt Cap$1.04M
Vol128.35

About USDM1

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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Bullish/Bearish Forum Sentiment

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Discussion Diversity

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Ethereum EcosystemReal World Assets (RWA)Solana EcosystemStablecoinsStellar EcosystemTokenized AssetsTokenized TreasuriesUS Treasury-backed Stablecoin
Date
Market Cap
Volume
Close
August 27, 2026
$1.04M
$128.36
---
August 26, 2026
$1.04M
$24.00
$1.02
August 25, 2026
$1.04M
$1,091.11
$1.02
August 24, 2026
$1.04M
$5.83
$1.02
August 23, 2026
$1.04M
$1,489.19
$1.02
August 22, 2026
$1.04M
$8.22
$1.02
August 21, 2026
$1.03M
$188.02
$1.00
August 20, 2026
$1.03M
$549.79
$1.01
August 19, 2026
$1.03M
$26.68
$1.01
August 18, 2026
$1.03M
$17.50
$1.01
50

Neutral Sentiment

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