Marshall Islands-Based Universal Basic Income Company M1X Global Completes $3 Million Funding Round, With Investors Primarily from Crypto and Finance Sectors. Funds will be used to develop the USDM1 digital sovereign bond, supporting local residents' participation in the UBI program. The bond is scheduled to launch on the Stellar blockchain in December 2025.

The Marshall Islands recently launched a nationwide Universal Basic Income (UBI) program, allowing citizens to receive government subsidies via cryptocurrency. This makes it one of the first countries in the world to incorporate blockchain technology into its national UBI system. According to The Guardian, the program stipulates that each eligible resident citizen can receive approximately $200 per quarter, totaling about $800 annually. The goal is to alleviate the rising cost of living and slow down population outflow. The first UBI payments were distributed in late November. Citizens can choose from three payment methods: bank transfer, paper check, or receiving funds through a government-supported blockchain digital wallet. The digital wallet payments use a stablecoin pegged to the US dollar to ensure price stability, while enabling fast, traceable transfers across islands.

金色财经报道，马绍尔群岛通过Stellar区块链完成全球首个基于数字主权债券USDM1的全民基本收入（UBI）发放 。USDM1为美元计价、每单位一对一抵押、全额由美国短期国债支持，通过专用数字钱包Lomalo即时向分散岛屿上的公民发放，取代传统现金。财政部称，该计划为财政分配项目而非货币发行。