VanEck Treasury Fund (VBILL) stablecoin analytics
VBILL is VanEck's tokenized T-bill share advised by Van Eck Absolute Return Advisers and administered via Securitize/State Street.
Static Profile
Static stablecoin profile
VanEck Treasury Fund (VBILL) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg US Dollar.
AI summary / Updated Jun 12, 2026
VBILL is the on-chain share token for VanEck's Treasury Fund, with Van Eck advising the BVI Professional Fund and Securitize handling administration, tokenization, transfer agency, and KYC. The reserve stack is pleasantly dull: mostly short-duration U.S. T-bills with a cash and...
AI summary · drafted by gpt-5-codex · reviewed by Codex data review on Jun 12, 2026 · facts as of Jun 12, 2026
- Collateral
- Short-duration U.S. Treasury bills and repurchase agreements collateralized by U.S. Treasury obligations, held by a BVI Professional Fund advised by Van Eck Absolute Return Advisers; State Street Bank and Trust Company is custodian, Securitize Fund Services is fund administrator, and Securitize provides tokenization, transfer agency, and KYC
- Peg Mechanism
- NAV-accreting institutional T-bill share token; instant mint and redemption at daily NAV through Securitize Markets against USDC, AUSD, or USD wire. RedStone is the issuer's designated oracle for daily NAV calculation; Pharos reads the on-chain Chainlink NAVLink 'VBILL NAV' feed (adopted by Securitize for the Aave Horizon collateral market) for live NAV
- Jurisdiction
- British Virgin Islands / BVI FSC / BVI Professional Fund
- Proof Of Reserves
- Self-Reported PoR by Securitize / Van Eck Associates (daily NAV and holdings disclosures) Reserve source
Snippet Answer
Is VBILL safe?
Pharos does not mark VBILL as absolutely safe. Static metadata says VanEck Treasury Fund uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Self-Reported PoR from Securitize / Van Eck Associates (daily NAV and holdings disclosures); 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 vbill-vaneck
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.
VBILL quick answers
What is VanEck Treasury Fund (VBILL)?
VBILL is VanEck's tokenized T-bill share advised by Van Eck Absolute Return Advisers and administered via Securitize/State Street. The static profile records its US Dollar peg mechanism as: NAV-accreting institutional T-bill share token; instant mint and redemption at daily NAV through Securitize Markets against USDC, AUSD, or USD wire. RedStone is the issuer's designated oracle for daily NAV calculation; Pharos reads the...
What backs VBILL?
Pharos classifies VBILL backing as Real-World Asset Backed. Collateral, per the static profile: Short-duration U.S. Treasury bills and repurchase agreements collateralized by U.S. Treasury obligations, held by a BVI Professional Fund advised by Van Eck Absolute Return Advisers; State Street Bank and Trust Company is custodian... Reserve evidence: Self-Reported PoR from Securitize / Van Eck Associates (daily NAV and holdings disclosures).
Can VBILL 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 VBILL, when applicable, appear in the dossier below.