USTBL

USTBL is a regulated digital asset issued by NexBridge that gives holders exposure to the yield generated by short-term U.S. Treasury Bills, all without leaving the blockchain. It is designed for anyone who wants dollar-denominated, Treasury-backed returns in a tokenized form, addressing the friction of accessing traditional fixed-income instruments through conventional finance. The token carries an 'A' rating from Particula and is audited monthly by Grant Thornton.

Each USTBL token is issued and settled on the Liquid Network, a Bitcoin-based sidechain built for confidential and high-speed transactions. The yield from the underlying U.S. Treasury securities accrues directly into the token's price over time, which is why the current price of 1.062 USD sits above a nominal one-dollar starting value, with no staking or separate claim process required. The real Treasury securities backing the tokens are held in custody and verified through monthly audits.

The data provided does not include a fee stream, revenue figures, or protocol earnings for USTBL, so no fee-based measures are available on this page. The economic return for token holders is embedded in the yield accrual mechanism described by the project rather than in on-chain protocol fees. The fully diluted value equals the market cap exactly, with an fdv-to-mcap ratio of 1.0 at this point in time, and dilution overhang stands at 0.0 percent, meaning all 30,125,040 tokens in the circulating supply represent the entirety of issued tokens with no additional supply pending.