#Binance #BREAKING
🌍 HISTORIC FIRST: Marshall Islands Launches On-Chain Universal Basic Income (UBI)
The Republic of the Marshall Islands has completed the world’s first government-run on-chain UBI payment, using the Stellar (XLM) blockchain on Dec 16.
🔹 33,000+ citizens enrolled
🔹 Payments distributed via USDM1 — a USD-denominated sovereign bond backed by U.S. Treasury bills
🔹 Instant digital payouts replace costly, delayed physical cash deliveries across remote atolls
🔹 Built by Stellar Development Foundation + Crossmint
🔹 Citizens receive funds through Lomalo, a custom digital wallet
🔹 Optional: physical checks or bank deposits still available
💡 Why this matters • First real national blockchain welfare system
• Massive improvement in transparency, speed, and cost efficiency
• Sets a blueprint for governments using blockchain for public services
• Real-world adoption beyond speculation
📉 Market reaction • $XLM ~ $0.23, down ~14% on the week despite major adoption news
🚀 Blockchain isn’t coming — it’s already running governments.
