The Marshall Islands has been experimenting with using cryptocurrency to distribute universal basic income. According to reports, the country utilized the Stellar network in this test. The initiative explores whether crypto can serve as an alternative to traditional banking systems for delivering basic financial services. The development suggests a move towards exploring digital currencies for social welfare programs, especially in regions where conventional financial infrastructure may be lacking.

The Marshall Islands has been experimenting with using cryptocurrency to distribute universal basic income. According to reports, the country utilized the Stellar network in this test. The initiative explores whether crypto can serve as an alternative to traditional banking systems for delivering basic financial services. The development suggests a move towards exploring digital currencies for social welfare programs, especially in regions where conventional financial infrastructure may be lacking.