OpenEden TBILL (TBILL) quarantined stablecoin record
Live tracking temporarily paused
Temporarily withheld because permitted runtime sources do not provide a positive circulating supply or market cap.
Effective 2026-07-15; review due 2026-08-15
Answer First
What is OpenEden TBILL (TBILL)?
TBILL is OpenEden's tokenized short-term U.S. Treasury fund, structured as a BVI Registered Professional Fund custodied by BNY Mellon. The static profile records its US Dollar-denominated NAV accounting mechanism as: NAV-based pricing; institutional mint/redeem through regulated BVI fund structure
Is TBILL safe?
OpenEden TBILL is not in Pharos's active universe. Temporarily withheld because permitted runtime sources do not provide a positive circulating supply or market cap.
Static Profile
Static stablecoin profile
OpenEden TBILL (TBILL) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg US Dollar-denominated NAV.
AI summary / Updated Aug 11, 2026
OpenEden's TBILL is a tokenized BVI professional fund holding short-dated Treasury bills managed by BNY Investment Management under BNY custody, KYC-gated and drifting steadily above its original dollar as NAV accrues to holders rather than resetting to par. The structure functions as intended: professional investors collect on-chain Treasury yield through issuer-side mint and redemption at NAV, and everyone else can look but not touch. The paperwork is thinner than the institutional nameplates suggest. Daily NAV...
AI summary · drafted by claude-fable-5 · facts as of Aug 11, 2026
Sources: OpenEden TBILL transparency and CoinGecko: OpenEden TBILL
- Collateral
- Short-term U.S. Treasury bills (weighted-average maturity <3 months) managed by BNY Investment Management, custodied by BNY; small USD cash buffer
- Peg Mechanism
- NAV-based pricing; institutional mint/redeem through regulated BVI fund structure
- Jurisdiction
- British Virgin Islands / BVI FSC / Registered Professional Fund
- Proof Of Reserves
- Independent Audit by Protege Fund Services (fund administrator producing the recurring daily and monthly NAV reports); TJ Assurance Partners PAC is the fund's annual auditor with no published report, and the only named controls audit is a one-off Ernst & Young procedures review Reserve source
- Contracts
- 4 deployments tracked across Ethereum, Arbitrum, Solana, and XRP Ledger.
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 Aug 11, 2026.
TBILL quick answers
What is OpenEden TBILL (TBILL)?
TBILL is OpenEden's tokenized short-term U.S. Treasury fund, structured as a BVI Registered Professional Fund custodied by BNY Mellon. The static profile records its US Dollar-denominated NAV accounting mechanism as: NAV-based pricing; institutional mint/redeem through regulated BVI fund structure
Is TBILL safe?
OpenEden TBILL is not in Pharos's active universe. Temporarily withheld because permitted runtime sources do not provide a positive circulating supply or market cap.
What backs TBILL?
Pharos classifies TBILL backing as Real-World Asset Backed. Collateral, per the static profile: Short-term U.S. Treasury bills (weighted-average maturity <3 months) managed by BNY Investment Management, custodied by BNY; small USD cash buffer Reserve evidence: Independent Audit from Protege Fund Services (fund administrator producing the recurring daily and monthly NAV reports); TJ Assurance Partners PAC is the fund's annual auditor with no published report, and the only named controls audit is a one-off Ernst & Young procedures review.
Can TBILL be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded. TBILL is outside active monitoring; this static record preserves the reviewed control context.