The Republic of the Marshall Islands has initiated a universal basic income (UBI) program utilizing the Stellar (XLM) blockchain, marking a significant step in real-world blockchain adoption. Launched on December 17, 2025, the program distributes USDM1 bonds to over 33,000 residents via the Lomalo wallet, representing the first nationwide UBI deployment on a public blockchain.
This initiative highlights Stellar's capability in addressing government logistical challenges beyond traditional payment solutions. As of the latest trading data, Stellar's XLM is priced at approximately $0.2111, reflecting its growing utility and adoption in governmental applications.
Marshall Islands Launches UBI Program on Stellar Blockchain
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