Add as a preferred source on GoogleM1X Global Executive Sees Growing Government Interest in Stellar
Goldman pointed to rising interest in financial uses of Stellar. M1X Global works with the Marshall Islands on USDM1, used in the country’s universal basic income program.
Jordan Goldman, who co-founded M1X Global and serves as its chief operating officer, described a rise in government interest in financial activity on Stellar during Meridian 2026, an event hosted by the Stellar Development Foundation. “This is where governments want to interact,” Goldman said.
USDM1 is a dollar-denominated sovereign debt instrument that the Republic of the Marshall Islands uses with M1X Global. M1X Global says short-duration U.S. Treasuries back USDM1 one-to-one, and the instrument is issued on public blockchains.
The Marshall Islands uses USDM1 in its universal basic income program, which delivers payments to citizens through a digital wallet.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.