USDM1/USDC
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.
Score | 33 |
|---|---|
24h Vol | $52.6K |
Liquidity | $190.4K |
Holders | 31 |
Audits | |
Age | 7 months |
FDV | $182.8K |
Market Cap | $1M |
| Addresses | |
|---|---|
| Pool | |
| USDM1 |  |
| USDC | |
USDM1 to USDC Converter
Score | 33 |
|---|---|
24h Vol | $52.6K |
Liquidity | $190.4K |
Holders | 31 |
Audits | |
Age | 7 months |
FDV | $182.8K |
Market Cap | $1M |
About USDM1 (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.
USDM1/USDC Price Stats
The current price of USDM1 (USDM1/USDC) on Uniswap V3 is $1.0162, the price is up -2.67% in the last 24 hours. Its 24-hour trading volume is reported to be at $52,603.94 with a total of 41 transactions. USDM1/USDC contract address is 0x6f161ad0e297ecb9d1b33c048272ccc964cb4b6a, with a Fully Diluted Valuation (FDV) of $182.76K and a liquidity pool of $190.44K.
