Stablecon Salon: The First Sovereign Bond Issued On-Chain | Powered by Stellar, Surus & M1X
Stellar, Surus & M1X invite you to a special edition of Stablecon Salon during New York Fintech Week.
What happens when a sovereign nation chooses the blockchain over banks?
In March 2026, the Republic of the Marshall Islands became the first sovereign nation to issue a fully collateralized bond natively on public blockchain infrastructure. USDM1 is a USD-denominated sovereign debt instrument backed 1:1 by U.S. Treasuries and designed for institutional margin, repo, and financing workflows.
The three companies that built USDM1 are sitting down together for the first time. Stablecon presents an intimate conversation with the principals:
Raja Chakravorti | CBO, Stellar Development Foundation
Mark Lurie | CEO & Co-Founder, M1X Global
Patrick Murck | Founder & CEO, Surus
Our panel will cover how USDM1 was structured, why a licensed U.S. trust company was essential to the stack, what perfected security interests mean for institutional adoption, and what this model unlocks for sovereign issuers and capital markets participants.
We promise a spirited discussion about how this transition could reshape access to capital and redefine trust in sovereign debt.
Space is extremely limited and registration is required.
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