USTBL

USTBL is a regulated digital token issued by NexBridge that gives holders exposure to the yield of short-term U.S. Treasury Bills, denominated in dollars and settled entirely on a blockchain. It is designed for people or institutions who want dollar-denominated stability and Treasury yield without needing to hold traditional financial instruments directly. The project addresses the friction of accessing government-backed fixed-income returns through conventional finance by making that exposure available as a blockchain token.

Each USTBL token is issued and settled on the Liquid Network, a layer built on top of Bitcoin that is designed for fast, confidential transactions. The underlying collateral consists of real U.S. Treasury securities held in custody and verified monthly by Grant Thornton. Yield accrues inside the token automatically over time, which is reflected in a price that rises above one dollar rather than through separate interest payments, meaning no staking or additional steps are required from the holder.

The data provided does not include a protocol fee stream, so there are no fee-origin, fee-recipient, or protocol-retention figures available on this page. The token's return mechanism is yield accrual embedded in the token price rather than a fee collected from users, which means fee-based metrics common on this site are not applicable to USTBL. The circulating supply stands at approximately 30.1 million tokens at a point-in-time snapshot, with 100 percent of issued supply already in circulation and a dilution overhang of 0.0 percent, meaning no additional supply is pending issuance.