Backed IB01 Treasury Bond 0-1yr (bIB01) quarantined stablecoin record
Live tracking temporarily paused
NAV tracker in wind-down with no admissible price lane: CoinGecko has been frozen since 2026-09-17 and DefiLlama only re-stamps that same 121.86 mirror value, so the reviewed seven-chain supply aggregate cannot be valued. Re-source a Backed NAV route before reactivation.
Effective 2026-09-24; review due 2026-10-24; CoinGecko market page for bIB01 (last updated 2026-09-17)
Answer First
What is Backed IB01 Treasury Bond 0-1yr (bIB01)?
bIB01 is Backed's NAV-accreting tracker token for the BlackRock iShares 0-1 year U.S. Treasury Bond UCITS ETF, KYC-gated under Swiss DLT Act framework. The static profile records its US Dollar-denominated NAV accounting mechanism as: NAV-accreting tracker token (not pegged to $1); price reflects the underlying iShares 0-1yr T-bill ETF NAV with continuous yield accrual; new issuance closed; KYC-gated redemption remains supported by Backed during the announced...
Is bIB01 safe?
Backed IB01 Treasury Bond 0-1yr is not in Pharos's active universe. NAV tracker in wind-down with no admissible price lane: CoinGecko has been frozen since 2026-09-17 and DefiLlama only re-stamps that same 121.86 mirror value, so the reviewed seven-chain supply aggregate cannot be valued. Re-source a Backed NAV route before reactivation.
Static Profile
Static stablecoin profile
Backed IB01 Treasury Bond 0-1yr (bIB01) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg US Dollar-denominated NAV.
AI summary / Updated Sep 7, 2026
bIB01 is Backed Finance's NAV-accreting tracker certificate for the BlackRock iShares $ Treasury Bond 0-1yr UCITS ETF (IB01), registered under the Swiss DLT Act and not pegged to $1: the price drifts upward continuously as the underlying Treasury ETF accrues yield, making it a tokenised RWA fund share rather than a payment dollar. Primary mint and redemption are KYC-gated through Backed; secondary liquidity is on Uniswap and CoW Protocol. Reserves are proven daily through a Chainlink Proof of Reserve feed that...
AI summary · drafted by claude-fable-5-1 · facts as of Sep 7, 2026
Sources: Backed bIB01 product page and Backed proof-of-reserves methodology
- Collateral
- Tracker certificate fully backed by the BlackRock iShares $ Treasury Bond 0-1yr UCITS ETF (IB01), held in segregated custody and administered by Backed Assets (Jersey) Limited under Swiss DLT Act framework
- Peg Mechanism
- NAV-accreting tracker token (not pegged to $1); price reflects the underlying iShares 0-1yr T-bill ETF NAV with continuous yield accrual; new issuance closed; KYC-gated redemption remains supported by Backed during the announced wind-down; secondary liquidity on Uniswap and CoW Protocol
- Jurisdiction
- Jersey / JFSC (Jersey Financial Services Commission) / Swiss DLT Act registered uncertificated securities
- Proof Of Reserves
- Real-Time PoR by Chainlink Proof of Reserve feed (reserve data sourced by The Network Firm LLP from Backed's custody-bank balances; LedgerLens non-attest service) Reserve source
Next Actions
This record preserves static and historical context; live actions are available only for active assets.
Source: checked-in StablecoinMeta profile fields. This inactive record does not participate in current live monitoring; the summary above was last updated Sep 7, 2026.
bIB01 quick answers
What is Backed IB01 Treasury Bond 0-1yr (bIB01)?
bIB01 is Backed's NAV-accreting tracker token for the BlackRock iShares 0-1 year U.S. Treasury Bond UCITS ETF, KYC-gated under Swiss DLT Act framework. The static profile records its US Dollar-denominated NAV accounting mechanism as: NAV-accreting tracker token (not pegged to $1); price reflects the underlying iShares 0-1yr T-bill ETF NAV with continuous yield accrual; new issuance closed; KYC-gated redemption remains supported by Backed during the announced...
Is bIB01 safe?
Backed IB01 Treasury Bond 0-1yr is not in Pharos's active universe. NAV tracker in wind-down with no admissible price lane: CoinGecko has been frozen since 2026-09-17 and DefiLlama only re-stamps that same 121.86 mirror value, so the reviewed seven-chain supply aggregate cannot be valued. Re-source a Backed NAV route before reactivation.
What backs bIB01?
Pharos classifies bIB01 backing as Real-World Asset Backed. Collateral, per the static profile: Tracker certificate fully backed by the BlackRock iShares $ Treasury Bond 0-1yr UCITS ETF (IB01), held in segregated custody and administered by Backed Assets (Jersey) Limited under Swiss DLT Act framework Reserve evidence: Real-Time PoR from Chainlink Proof of Reserve feed (reserve data sourced by The Network Firm LLP from Backed's custody-bank balances; LedgerLens non-attest service).
Can bIB01 be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded. bIB01 is outside active monitoring; this static record preserves the reviewed control context.