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
