The Marshall Islands introduced a nationwide UBI that pays roughly $200 per quarter (about $800 a year), with residents choosing bank transfers, checks, or a government-backed blockchain wallet. First disbursements occurred in late November, and officials say the program uses a US dollar–pegged stablecoin; early uptake of the digital wallet has been limited.
The Marshall Islands has introduced a countrywide universal basic income program. The first payments were made in late November, and residents can receive funds by bank deposit, paper check, or a government-backed digital wallet that records transfers on a blockchain.
Under the initiative, every resident citizen is entitled to quarterly payments of roughly $200, or about $800 annually, as the government seeks to offset rising living costs and slow outward migration, according to The Guardian.
