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USDM1

USDM1 #2868 on Ethereum
$1.00 -1.03% (24h)

USDM1 (USDM1) on the Ethereum network is trading at $1.00, -1.03% over the last 24 hours. Track the live USDM1 price, market cap, circulating supply and 7-day chart below — then swap, exchange or convert USDM1 (Ethereum) to any major cryptocurrency straight from your wallet. Non-custodial, no account, best cross-chain rate.

1h +0.01% 24h -1.03% 7d -0.03% 30d -0.82%
Last 7 days Updated just now
$1.01$1.02
Market cap
$1.03M
Fully diluted valuation
$1.03M
24h volume
$92
24h high / low
$1.02 / $1.00
Circulating supply
1.02M USDM1
Total supply
1.02M USDM1
Max supply
All-time high
$1.04 (-3.26%)

USDM1 price analysis

USDM1 (USDM1) ranks #2868 by market capitalisation at $1.03M. It is trading 3.3% below its all-time high of $1.04. Circulating supply stands at 1.02M USDM1. Over the last 7 days USDM1 is -0.03%, and -0.82% across 30 days. Its 24-hour trading volume is $92.

About USDM1

StablecoinsTokenized AssetsSolana EcosystemEthereum Ecosystem

USDM1 is a USD-denominated, sovereign bond issued onchain by the Republic of the Marshall Islands, a sovereign nation operating on the U.S. dollar standard. Each unit is issued at par and fully collateralized 1:1 by short-dated U.S. Treasuries held on a segregated basis with a U.S. trust company. USDM1 represents a direct sovereign obligation, issued under New York law with explicit waivers of sovereign immunity, providing legal enforceability consistent with traditional sovereign debt instruments. While it functions operationally similar to a stablecoin, supporting on-chain transfer, transparency, and settlement efficiency, USDM1 is not a private corporate stablecoin, CBDC, wrapped asset, or synthetic dollar representation.

Market data by CoinGecko, cached server-side. Prices are informational — the exact swap rate is quoted at execution time.

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USDM1 FAQ

What is the current price of USDM1?

USDM1 (USDM1) on Ethereum is trading at $1.00. The price on this page refreshes continuously from live market data cached server-side.

How to swap or exchange USDM1?

Open the swap widget on this page, pick USDM1 on Ethereum as the asset you pay or receive, connect your wallet, review the quote and confirm. SwitchFi routes the swap across DEXs and bridges for the best rate — non-custodial, no account, straight from your wallet.

Can I convert USDM1 to other cryptocurrencies?

Yes. USDM1 can be swapped, exchanged or converted to any major asset SwitchFi supports — from stablecoins like USDT and USDC to altcoins — across EVM chains, Tron, Bitcoin, Solana and Sui. See the “Top cryptocurrencies to exchange with USDM1” list below for popular pairs.

Is swapping USDM1 custodial?

No. SwitchFi never takes custody of your funds — you connect a compatible wallet, approve the swap yourself, and the assets settle directly to your wallet. No account and no KYC to use the on-chain swap.