# M1X Digital

> Track M1X Digital with daily standardized on-chain data across 3 chains. Compare M1X Digital with other stablecoin issuers. Updated daily.

Source: [M1X Digital on Token Terminal](https://tokenterminal.com/explorer/projects/usdm1). This page has no metric values. For current values, use the [Token Terminal API](https://tokenterminal.com/docs/api-reference/introduction) or the [MCP server](https://tokenterminal.com/docs/mcp/introduction).

- Sectors: Stablecoin issuers
- Chains: ethereum, solana, stellar

## About

### What it is

M1X Digital issues USDM1, a multi-chain U.S. dollar stablecoin backed by short-term U.S. Treasury bills and cash equivalents, deployed on Ethereum, Solana, and Stellar/Soroban.

### Who uses it

M1X Digital is a fintech issuer of regulated digital-asset products bridging traditional finance and on-chain markets, with operations linked to the Republic of the Marshall Islands' Ministry of Finance.

### How it works

USDM1 is minted 1:1 against USD reserves and redeemable through M1X Digital's regulated distribution partners. Reserves are held with regulated custodians and attested periodically by independent auditors.

## Metrics

Token Terminal tracks these metrics for M1X Digital daily. Each page has a chart with the full history.

- [Outstanding supply](https://tokenterminal.com/explorer/projects/usdm1/metrics/outstanding-supply)
- [Active addresses (daily)](https://tokenterminal.com/explorer/projects/usdm1/metrics/active-addresses-daily)
- [Active addresses (weekly)](https://tokenterminal.com/explorer/projects/usdm1/metrics/active-addresses-weekly)
- [Active addresses (monthly)](https://tokenterminal.com/explorer/projects/usdm1/metrics/active-addresses-monthly)
- [Transaction count (contracts)](https://tokenterminal.com/explorer/projects/usdm1/metrics/transaction-count-contracts)
- [Gas used](https://tokenterminal.com/explorer/projects/usdm1/metrics/gas-used)

## Links

- [twitter](https://twitter.com/m1xglobal)
- [website](https://m1xglobal.com/)