The Republic of the Marshall Islands has launched a digital wallet called Lomalo for its Universal Basic Income (UBI) program, using the US dollar-pegged stablecoin USDM1. This initiative allows citizens to receive funds digitally, by check, or direct deposit, starting in late November, enhancing financial inclusion in the Pacific nation. Digital Wallet Launch: The Marshall […]
Source: https://en.coinotag.com/marshall-islands-rolls-out-ubi-program-using-usdm1-stablecoin-despite-imf-warnings
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact
crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
