Skip to main contentSkip to data table
Pharos
PHAROSlive stablecoin signals

Midas mTBILL (mTBILL) stablecoin analytics

mTBILL is Midas's NAV-accreting tokenized U.S. T-Bill fund via BlackRock IB01 ETF, FMA-regulated rails, with daily Ankura Trust NAV attestations.

Static Profile

Static stablecoin profile

Midas mTBILL (mTBILL) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg US Dollar.

AI summary / Updated May 15, 2026

Compliance-first European tokenized U.S. T-bill product (BlackRock IB01 ETF, Swiss custody, FMA-approved MiFID II), restricted to non-U.S./UK retail; daily Ankura NAV attestations. mTBILL is Midas's compliance-first answer to the tokenized T-bill race: 97% in BlackRock's IB01...

AI summary · drafted by claude-opus-4-7 · reviewed by @TokenBrice on May 15, 2026 · facts as of May 15, 2026

Collateral
Short-duration U.S. Treasury Bills (maturity <3 months) via BlackRock iShares $ Treasury Bond 0-1yr UCITS ETF (IB01); physical custody by Maerki Baumann & Co. AG (Switzerland); security ring-fencing by ATG Azimut Treuhandgesellschaft mbH; target return = 8-week U.S. T-Bill yield minus ~50 bps
Peg Mechanism
NAV-accreting token (not pegged to $1); price launched at ~$1.00 and appreciates continuously as T-bill yield accrues; permissioned mint/redeem at daily NAV via Midas smart contracts in USDC/USDT or fiat; NAV oracle published daily by Ankura Trust Company
Jurisdiction
Germany / Liechtenstein FMA (prospectus-approving authority only; issuer not FMA-licensed) / EU-Prospectus-Regulation-approved tokenized debt instrument (MiFID II financial instrument); EEA-passported; not available to U.S. or UK retail persons
Proof Of Reserves
Independent Audit by Ankura Trust Company (independent third-party; provides daily on-chain NAV attestations) Reserve source
Contracts
5 deployments tracked across Ethereum, Base, Rootstock, and Plume, plus 1 more.

Snippet Answer

Is mTBILL safe?

Pharos does not mark mTBILL as absolutely safe. Static metadata says Midas mTBILL uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Independent Audit from Ankura Trust Company (independent third-party; provides daily on-chain NAV attestations); 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 mtbill-midas

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 May 15, 2026.

mTBILL quick answers

What is Midas mTBILL (mTBILL)?

mTBILL is Midas's NAV-accreting tokenized U.S. T-Bill fund via BlackRock IB01 ETF, FMA-regulated rails, with daily Ankura Trust NAV attestations. The static profile records its US Dollar peg mechanism as: NAV-accreting token (not pegged to $1); price launched at ~$1.00 and appreciates continuously as T-bill yield accrues; permissioned mint/redeem at daily NAV via Midas smart contracts in USDC/USDT or fiat; NAV oracle published daily by...

What backs mTBILL?

Pharos classifies mTBILL backing as Real-World Asset Backed. Collateral, per the static profile: Short-duration U.S. Treasury Bills (maturity <3 months) via BlackRock iShares $ Treasury Bond 0-1yr UCITS ETF (IB01); physical custody by Maerki Baumann & Co. AG (Switzerland); security ring-fencing by ATG Azimut Treuhandgesellschaft mbH... Reserve evidence: Independent Audit from Ankura Trust Company (independent third-party; provides daily on-chain NAV attestations).

Can mTBILL 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 mTBILL, when applicable, appear in the dossier below.