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Marshall Islands Launches World's First Universal Basic Income Program

12/17/2025

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Summary

Story summary

The Marshall Islands launched a universal basic income program—the first of its kind globally—providing residents quarterly payments of about $200.
The program is funded by a trust established under a U.S. agreement and allows payments via traditional methods or cryptocurrency.
Experts say improved internet access is needed for the blockchain-based payments to be effective.
The International Monetary Fund has raised concerns about potential risks associated with this payment delivery method.

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Story summary

The Marshall Islands launched a universal basic income program—the first of its kind globally—providing residents quarterly payments of about $200.
The program is funded by a trust established under a U.S. agreement and allows payments via traditional methods or cryptocurrency.
Experts say improved internet access is needed for the blockchain-based payments to be effective.
The International Monetary Fund has raised concerns about potential risks associated with this payment delivery method.