The Marshall Islands has launched a pilot program testing a crypto-based universal basic income (UBI) to address challenges in its cash and banking systems. Under the Economic and National Resilience Act, some residents received traditional paper checks, while others in Lomalo were issued USDM1, a token on the Stellar blockchain. Developed by Crossmint, USDM1 is a fully collateralized sovereign bond that allows holders to earn yields. This initiative aims to enhance financial access in the Marshall Islands, which faces limited banking infrastructure and relies on a single correspondent bank. The project is supported by the Stellar Development Fund, which is dedicated to expanding digital finance solutions in remote areas.