Updated 08:03 AM UTC
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USDM1 USDM1

$1.02
$0.00
(0.00%)
Today
Mkt Cap$1.04M
Vol47.57

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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Ethereum EcosystemReal World Assets (RWA)Solana EcosystemStablecoinsStellar EcosystemTokenized AssetsTokenized TreasuriesUS Treasury-backed Stablecoin
Date
Market Cap
Volume
Close
October 10, 2026
$1.04M
$47.57
---
October 09, 2026
$1.04M
$11.23
$1.02
October 08, 2026
$1.04M
$27.75
$1.02
October 07, 2026
$1.04M
$3,128.20
$1.02
October 06, 2026
$1.04M
$18.40
$1.02
October 05, 2026
$1.04M
$15.89
$1.02
October 03, 2026
$1.04M
$53.55
$1.02
October 02, 2026
$1.03M
$47.24
$1.00
October 01, 2026
$1.04M
$1,654.54
$1.02
September 30, 2026
$1.04M
$7.82
$1.01
50

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