Marshall Islands launches national universal basic income built into digital currency
The Marshall Islands has become the first nation to embed universal basic income directly into its national currency, the SOV, automatically distributing a share of newly minted tokens to every citizen through code rather than bureaucracy. This matters because it bypasses the traditional welfare apparatus entirely, delivering cash transfers at the monetary level and reaching citizens regardless of their access to conventional banking. For a remote Pacific nation of 42,000 people facing rising seas and financial exclusion, the innovation is both practical and historic, offering a potential template for other small island states with limited fiscal capacity.









