Short-term T-Bill Token STBT
STBT
0.8275
£
0.06 %
Change 24h
Market Cap
£ 68,228,293
Volume 24h
£ 4137.1
Circulating Supply
82,356,400
Total Supply
71,275,100
STBT
£
Description
STBT represents for short-term treasury bill token, a token developed based on ERC1400 standard, back by US Treasury Bills, STBT is traded at 1:1 with USDC upon token issuance; the underlying assets for STBT are T-bills maturing within six (6) months and reverse repurchase agreements (Reverse Repo) collateralized by U.S. Treasury securities. Exclusively available to accredited investors, STBT aims to connects the US government backed T-bill yield to the qualifiable stablecoin (USDT / USDC) holders.