M1X Global

M1X Global builds sovereign financial infrastructure and worked with the Republic of the Marshall Islands to help issue USDM1, a tokenized U.S. dollar-denominated sovereign debt instrument backed one-to-one by U.S. Treasuries and issued natively by a sovereign on a public blockchain. USDM1 is available on Stellar, Canton, and Solana, and is designed for government aid disbursements and institutional use as collateral in regulated financial markets.