Reduce exposures. Improve capital efficiency. Unlock balance sheet capacity.





Deploy sovereign, Treasury-backed collateral across margin, repo and funding workflows with enforceable netting. Optimize balance sheet usage while maintaining yield and regulatory alignment.
Accept financeable, nettable sovereign collateral across client margin and secured financing activity. Increase client capacity, improve pricing and compress exposures without expanding balance sheet.
Use nettable sovereign collateral to manage bilateral exposures across counterparties. Improve capital efficiency across derivatives and structured trading relationships. Convert working capital into USD that pays a sovereign coupon.
Integrate high-quality, yield-bearing sovereign collateral across margin and funding channels. Improve inventory efficiency and optimize capital usage across workflows and venues.
Utilize sovereign, Treasury-backed collateral across margin, repo and structured trading strategies. Enhance leverage, reduce capital per trade and generate yield on collateral balances.
Hold a USD-denominated sovereign instrument that generates yield, maintains look-through to the credit of pledged US Treasuries and is compatible with institutional portfolios. Optimize flexibility across allocation, collateral and settlement workflows.
Upgrade USD balances into yield-generating sovereign collateral with full operational flexibility. Maintain liquidity while enabling use across financing, collateral and settlement activities.
Integrate sovereign collateral into custody, control and post-trade systems. Enable efficient movement, enforceable transfer and reduced settlement risk.
Expand collateral options with a Treasury-backed sovereign instrument. Support financeable, nettable collateral across trading and margin systems. Improve margin efficiency and support deeper institutional participation across products.









Banks operate under capital, leverage, and liquidity constraints. USDM1 is sovereign, Treasury-collateralized inventory designed for netting, financing, and balance sheet efficiency with 24/7 settlement.


USDM1 can be deployed across margin, repo and secured financing workflows with enforceable close-out netting. It supports derivatives, lending, funding and treasury operations while optimizing internal and client-facing balance sheets.
Prime brokerages allocate balance sheet across margin, financing and client activity. Collateral eligibility and netting treatment directly determine client capacity, pricing and returns.


USDM1 can be accepted as nettable, financeable sovereign collateral, enabling efficient margining and secured funding across client and proprietary positions.
OTC desks manage large bilateral exposures and significant working capital buffers. Collateral efficiency directly impacts trading economics.


USDM1 can be used as nettable, financeable collateral across bilateral trading relationships, reducing exposures while converting working capital into yield-bearing sovereign collateral.
Liquidity providers rely on readily financeable collateral to manage inventory and quote across venues. USDM1 keeps capital deployed while generating a return.


USDM1 functions as margin, inventory, and repo-eligible collateral, allowing capital to move across venues and funding channels while remaining yield-bearing.
Hedge funds need to balance liquidity, financing and returns. USDM1 enables sovereign, Treasury-backed collateral to be deployed across trading, margin, and financing workflows.


USDM1 can be used as margin, collateral and repo-eligible inventory across basis, relative value and structured trading strategies. It enables additional leverage, hedging and more capital-efficient portfolio construction.
Institutional investors require capital preservation and yield. USDM1 provides a digitally native, sovereign, Treasury-backed instrument that's compatible with institutional portfolios.


USDM1 can be held as a liquid, yield-bearing USD exposure. It can be deployed across treasury, collateral and settlement workflows under industry standard documentation.
Treasury teams need to balance operational flexibility and liquidity management. USDM1 upgrades USD balances into sovereign, Treasury-backed, yield-generating collateral.


USDM1 can be used for treasury reserve allocation, combining liquidity, yield, and usability across financing, collateral and settlement.
USDM1 is sovereign collateral that integrates into regulated custody, collateral management and settlement systems - enabling secure movement, control and lifecycle management across institutional workflows.


USDM1 is a programmable financial instrument that can be integrated into custody and post-trade systems, moving efficiently as a collateral and settlement asset across bilateral and multi-party workflows.
Exchanges and trading venues rely on collateral that can integrate with margin and risk systems. USDM1 introduces sovereign, Treasury-backed collateral for 24/7 institutional margin frameworks.


USDM1 can be used as a nettable, financeable collateral and settlement asset within margin and risk systems across trading venues.
USDM1 is a sovereign, USD-denominated financial asset secured 1:1 by US Treasury instruments under New York law. It is designed for margin, financing and settlement workflows, reducing gross exposures while generating yield.