Membrane Labs Integrates USDM1 Sovereign Bond into Institutional Lending and Repo Infrastructure
Membrane Labs and M1X Global have announced the integration of USDM1, a natively issued onchain sovereign bond secured 1:1 by short-duration US Treasuries, into Membrane's institutional financing platform. This move expands the range of collateral available for bilateral lending, repo, and collateral management beyond traditional stablecoins and tokenized funds. The integration allows institutional trading desks, lenders, and custodians to utilize USDM1 within established frameworks such as ISDA, GMRA, and GMSLA agreements. By providing T+0 settlement and sovereign look-through capabilities, the platform aims to enhance capital efficiency and liquidity management for banks and dealers moving financing activities onchain.
Topics: Digital Assets Institutional Financing Onchain Sovereign Collateral Tokenized Treasuries