Today USDM1 (USDM1) only traded on Uniswap (v3). The maximum trading volume is observed for the trading pair USDM1/USDC and reaches 5 dollars (101% of the total volume across all exchanges). During the week, the minimum price for USDM1 (USDM1) is fixed on Wednesday at 0.988 cents. Currently, the token USDM1 is trading in the range of 98.79 cents or 0.0011 kopecks for 1 USDM1.
USDM1 USDM1
Price of USDM1 (USDM1)
Exchanges where USDM1 is traded
| Exchange | Pair | Price | Volume, 24h | ||
|---|---|---|---|---|---|
| 1 |
Uniswap V3 (Ethereum)
|
USDM1/USDC |
$ 0.988
USDC 0.9934
|
$ 5 | Go |
Calculator USDM1
1 USDM1 = 0.988 USD
What is 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.
Official websites and links for USDM1
There are currently about 3 official links to USDM1 websites and social media:
- Website - usdm1.com
- Twitter - twitter.com/USD_M1
- Facebook - facebook.com