USDM1 is the first Sovereign USD Stablecoin, issued by the Republic of the Marshall Islands. In contrast to Corporate Stablecoins, it (a) pays yield, (b) is legally sovereign debt 100% collateralized by U.S. Treasuries pledged with a Trustee under NY law (“Brady Bond”), and (c) is a cash equivalent that can be held as HQLA under Basel and can be netted under ISDAs.
Subscribing to the USDM1 Membership Reward Program gives you perks:
Earn 20% of monthly CC rewards on your stablecoin transactions and subscription.
Earn an extra 10bps+ yield on your USDM1 holdings.
Sign up: https://forms.gle/w6Xd9AsEfEVmBxu3A
Contact: canton@m1global.xyz
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