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Marshall Islands Launches World's First Blockchain Universal Basic Income

The Marshall Islands launched a UBI program distributing $800 yearly to over 33,000 citizens via blockchain, reducing cash delivery issues and enhancing financial inclusion, officials said.

Summary
The Republic of the Marshall Islands completed the world's first on-chain universal basic income (UBI) disbursement on Tuesday, using the Stellar blockchain and distributing payments through USDM1 — a U.S. dollar-denominated sovereign bond fully backed by short-term U.S. Treasury bills.

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The Marshall Islands has introduced a nationwide programme of unconditional basic income, each of which will receive $200 quarterly, reports The Guardian, and the publication notes that it is the first State in the world to implement such a programme, according to experts.

·Riga, Latvia
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Korea IT Times broke the news in on Thursday, November 20, 2025.
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