Policy & Ethicsuniversal basic incomecryptocurrencystarlinksocial welfare
Marshall Islands Launches Universal Basic Income Program
7.1
The Marshall Islands has launched a nation‑wide universal basic income delivering $800 per citizen annually in four $200 quarterly payments, beginning with a $200 disbursement in November. The $30 million‑a‑year program, funded through a trust under the US Compact of Free Association, aims to reduce poverty and stem emigration while enabling payments via bank transfers, cheques, or USDM cryptocurrency over Starlink.
Key Points
- 1Enrolls about 40,000 citizens to receive $800 annually in four $200 quarterly payments
- 2Funded by a $30 million trust under the US Compact, aims to reduce poverty and migration
- 3Enables remote payments via bank transfers, cheques or USDM cryptocurrency using Starlink connectivity
Scoring Rationale
High novelty and official implementation, limited national scope and modest applicability outside the Marshall Islands.
Sources
Public references used for this report.
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