---
title: "BILS (BILS) Stablecoin Analytics"
canonical: "https://pharos.watch/stablecoin/bils-bitsofgold/"
description: "Build-time stablecoin profile for BILS (BILS). Live price, supply, peg, liquidity, and flow data are served by the Pharos API."
dateModified: "2026-06-13"
---



# BILS (BILS)

**Peg:** Other

**Backing:** Real-World Asset Backed

**Governance:** Centralized (CeFi)

**Status:** pre-launch

## Overview

BILS is the first shekel stablecoin to clear an Israeli regulator, and unlike most entries on this list it is approved rather than merely announced — Bits of Gold spent two years in a sandbox before the Capital Market, Insurance and Savings Authority signed off in April 2026. The conditions are unusually concrete for a pre-launch asset: 1:1 New Israeli Shekel backing held in segregated bank accounts inside Israel (foreign custody explicitly barred), an Ernst & Young audit, Fireblocks issuance infrastructure, and QEDIT zero-knowledge privacy, all on Solana via token extensions. What is missing is reach — the regulator is requiring a deliberately gradual, small-scale rollout, likely to institutions first, with no firm public-launch date and no DefiLlama or CoinGecko footprint yet. That throttled debut, plus a peg Pharos doesn't yet price (tracked as OTHER until shekel support lands), is exactly why it sits in pre-launch rather than the live table. Note the regulatory lane: this is a CMISA rulebook approval, not the broader Israeli Stablecoin Law, which is still stuck in draft. A real, audited, regulator-blessed shekel — just not one you can buy in size yet.

## Collateral

1:1 New Israeli Shekel reserves held in segregated dedicated bank accounts within Israel (foreign custody excluded), audited by Ernst & Young, with custody and issuance infrastructure provided by Fireblocks

## Peg Mechanism

Regulator-approved shekel stablecoin on Solana (token extensions) issued by Bits of Gold under the Capital Market, Insurance and Savings Authority framework; redeemable 1:1 for shekels from segregated Israeli reserves, with QEDIT zero-knowledge privacy and a deliberately gradual, limited initial rollout

## Jurisdiction

| Country | Regulator | License |
| --- | --- | --- |
| Israel | Capital Market, Insurance and Savings Authority (CMISA) | Regulatory approval for limited launch, 2026-04-28 |

## Live Data

This is a pre-launch stablecoin profile. Live API data is not available until launch.