🔗 Crypto & Blockchain

Marshall Islands' Blockchain Sovereign Debt Hits Anchorage Custody

Anchorage Digital just took custody of USDM1, the Marshall Islands' blockchain sovereign debt backed 1:1 by US Treasuries. It's not a stablecoin—it's actual debt powering UBI on-chain.

Anchorage Digital logo with USDM1 blockchain sovereign debt graphic and Marshall Islands flag

⚡ Key Takeaways

  • USDM1 is real sovereign debt on-chain, backed by US Treasuries, not a stablecoin. 𝕏
  • Funds Marshall Islands' UBI, blending social welfare with blockchain finance. 𝕏
  • Anchorage's custody signals institutional shift toward tokenized debt markets. 𝕏
Published by

Fintech Dose

Markets. Money. Innovation.

Worth sharing?

Get the best Fintech stories of the week in your inbox — no noise, no spam.

Originally reported by Crowdfund Insider

Stay in the loop

The week's most important stories from Fintech Dose, delivered once a week.