USDM1 USDM1
Rank #2913$1.01
+0.08%
CoinGecko · just now
24h
+0.08%
7d
+0.32%
30d
+0.06%
1y
+0.00%
USDM1 Statistics
- Market Cap
- $1.03M
- 24h Volume
- $1
- 24h High
- $1.01
- 24h Low
- $1.00
- Circulating Supply
- 1,020,269.19 USDM1
- Max Supply
- Unlimited
- All-Time High
- $1.04
- All-Time Low
- $0.9802
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.
Frequently Asked Questions about USDM1
What is USDM1 (USDM1)?
USDM1 (USDM1) is a cryptocurrency that can be traded on various exchanges. It has a current market capitalization of $1.03M, making it one of the notable digital assets in the crypto market.
What is the current price of USDM1?
The current price of USDM1 (USDM1) is $1.01. Prices update in real-time based on market activity across major cryptocurrency exchanges.
Where can I buy USDM1?
You can buy USDM1 (USDM1) on major cryptocurrency exchanges such as Binance, Coinbase, and Kraken. Always use a reputable exchange and enable two-factor authentication to secure your account.
Is USDM1 a good investment?
Whether USDM1 is a good investment depends on your financial goals, risk tolerance, and research. Cryptocurrency markets are highly volatile. Always do your own research and consider consulting a financial advisor before investing.
