TBILL Token | Stablecoins | DeFi Lending | Bank Deposits | |
---|---|---|---|---|
Current Yield | More than 5% | 0% | ~2% | Less than 1% |
Credit Rating | AAA | B- | Below AAA | |
Liquidity | $171.3B | $33.3B | $3.6B | N/A |
Full Transparency | ||||
Low Default Risk | Dependent | |||
Fees | None | None | Varies | None |
Instant Settlement | Extra fees | |||
No Stablecoin Exposure | ||||
No Banks Exposure |
Earn %*U.S. Treasury
U.S. Treasury
yields on-chain
First smart contract vault managed by a regulated entity to offer 24/7 and direct access to U.S. Treasury Bills.
TBILL Token: DeFi-ning the standard for tokenized Treasuries

More Compliant
U.S. Treasury Bills are held in a bankruptcy remote vehicle and are managed by a Monetary Authority of Singapore-regulated fund management company.
Learn moreMore Transparency
Token subscription, issuance, and redemption are all executed on-chain, while proof-of-reserves and attestations by independent parties provide maximum transparency.
Learn moreMore DeFi
Invest in U.S. Treasuries without the constraints of U.S. trading hours. TBILL token holders enjoy 24/7instant subscription and redemption, thanks to smart contracts.
More Composable
TBILL tokens are ERC-20 and freely transferable across whitelisted wallets. Developers who want to build new primitives using TBILL tokens are welcome to reach out to us.
Learn moreHow
TBILL works
Made for DAO treasuries, crypto funds, and DeFi users
Low Default Risk
None
Instant Settlement
No Stablecoin Exposure
No Banks Exposure
TBILL tokens are audited, transparent, and verifiable
Like you, we live by “don’t trust, verify”. Which is why we launched the market’s first proof-of-reserves that combines off-chain and on-chain auditability. Here is how we open the books.
Learn moreDaily Reports
Our reserve reports are published daily at the end of each business day – the first Web3 protocol to do so.
On-Chain Verification
Our Chainlink feed gives you on-chain proof that TBILL tokens are backed 1:1 by U.S. Treasury securities, USDC, and US dollars.
Monthly Attestations
Our attestations are issued by TJ Assurance Partners PAC in accordance with Singapore Financial Reporting Standards.
Smart Contract Audits
Our smart contracts are audited by Verichains to minimise the risks of security vulnerabilities and hacks.
View AuditNews and Insights
Frequently Asked Questions
Real-world assets on-chain
Earn sustainable yields from AAA-rated assets on your USDC, with 24/7 instant settlement.
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