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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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$1.02
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Trading Insights

Market Stats

Market Cap

$4.56K

FDV

$4.56K

Circ. Supply

4.5K USDM1

Max Supply

No maximum supply

Total Supply

4.5K USDM1

Performance

Popularity

Not enough data

Dominance

Not enough data

Volume (24H)

Not enough data

Volume (7D)

Not enough data

Volume (30D)

Not enough data

All time high

$0.000000001019

Price Change (1Y)

Additional details

Market details

USDM1 vs markets

↗ 43.82%

USDM1 vs BTC

↗ 31.05%

USDM1 vs ETH

↗ 43.71%

Tags

0

Network & Addresses

Network
Address

Solana

BNgsQdjfWmjoy3cw8T3VXWswHfgCzEMyQzUno8gmzmRC

Stellar

CAC743NYRBMS76L2DCPAXZTOEF6EJPKPVEC5OX2SXY7HOWNXISSLUE2C

Ethereum

0x90a1717E0dABE37693f79aFe43AE236dc3b65957

Price history

Time
Price
Change
Today
$1.02
0.00%
1 Day
$1.02
0.00%
1 Week
$1.02
0.00%
1 Month
$1.02
0.00%
1 Year
$0.00
0.00%

FAQ

We update our USDM1 to USD currency in real-time. Get the live price of USDM1 on Coinbase.

The current market cap of USDM1 is $4.56K. A high market cap implies that the asset is highly valued by the market.

The all-time high of USDM1 is $0.000000001019. This all-time high is highest price paid for USDM1 since it was launched.

Over the last 24 hours, the trading volume of USDM1 is $0.00.

Assets that have a similar market cap to USDM1 include Healthpeak Properties xStock, RONNIE, The Eagle and the Fox, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of USDM1 is 4.5 thousand.

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Guides

USDM1 calculator

Related assets

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