Theo thBILL (thBILL) stablecoin analytics
thBILL is Theo Network's NAV-accreting wrapper of Standard Chartered Libeara's tokenized U.S. T-bill fund, mint/redeem gated to KYC-verified institutions.
Static Profile
Static stablecoin profile
Theo thBILL (thBILL) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg US Dollar.
AI summary / Updated Jun 12, 2026
Theo's thBILL is a NAV-accreting T-bill wrapper whose reserve is currently tULTRA, itself a wrapped representation of Standard Chartered Libeara's ULTRA fund managed by Wellington. That means the holder gets institutional Treasury exposure, but only after passing through Theo...
AI summary · drafted by gpt-5-codex · reviewed by Codex data review on Jun 12, 2026 · facts as of Jun 12, 2026
- Collateral
- Basket of institutional-grade tokenized U.S. Treasury bills; currently 100% tULTRA, a wrapped representation of Standard Chartered Libeara's ULTRA fund (Delta Wellington Ultra Short Treasury On-Chain Fund), managed by Wellington Management, custodied by Standard Chartered, fund administration by FundBridge Capital
- Peg Mechanism
- NAV-accreting token (not pegged to $1); price launched at ~$1.00 and appreciates as T-bill yield accrues; KYC-gated mint/redemption processed instantly in USDC, underlying collateral settled within T+4 business days; restricted to institutional and non-U.S. accredited investors
- Jurisdiction
- Panama
- Proof Of Reserves
- No proof-of-reserves entry in the static profile.
Snippet Answer
Is thBILL safe?
Pharos does not mark thBILL as absolutely safe. Static metadata says Theo thBILL uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with live reserve feed configured; the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Next Actions
Exact bot target: /subscribe dews,depeg,safety thbill-theo
Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated Jun 12, 2026.
thBILL quick answers
What is Theo thBILL (thBILL)?
thBILL is Theo Network's NAV-accreting wrapper of Standard Chartered Libeara's tokenized U.S. T-bill fund, mint/redeem gated to KYC-verified institutions. The static profile records its US Dollar peg mechanism as: NAV-accreting token (not pegged to $1); price launched at ~$1.00 and appreciates as T-bill yield accrues; KYC-gated mint/redemption processed instantly in USDC, underlying collateral settled within T+4 business days; restricted to...
What backs thBILL?
Pharos classifies thBILL backing as Real-World Asset Backed. Collateral, per the static profile: Basket of institutional-grade tokenized U.S. Treasury bills; currently 100% tULTRA, a wrapped representation of Standard Chartered Libeara's ULTRA fund (Delta Wellington Ultra Short Treasury On-Chain Fund), managed by Wellington... Reserve evidence: live reserve feed configured.
Can thBILL be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded. Live freeze and blacklist events for thBILL, when applicable, appear in the dossier below.