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.

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.

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.

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Stablecoin issuers

M1X Digital

# Gas used Methodology

## Overview

Gas used measures the total gas consumed by an application. It reflects how much users are willing to incur transaction costs when using the application.

M1X Digital

Gas used

Gas used

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Chain breakdown