Nest Treasury Vault (nTBILL) stablecoin analytics
nTBILL is Nest's NAV-accreting Treasury vault token, routing into Janus Henderson JTRSY and Superstate USTB short-duration T-bill exposure.
Static Profile
Static stablecoin profile
Nest Treasury Vault (nTBILL) static profile: governance model CeFi-Dependent; backing model Real-World Asset Backed; peg US Dollar.
AI summary / Updated May 15, 2026
Nest Credit Treasury vault share on Plume routing into Superstate USTB/USCC and Janus Henderson JTRSY; NAV-accreting fund-of-funds-style token, not a par-redeemable dollar. nTBILL is Nest Credit's Treasury vault on Plume: a vault share whose value tracks a curated book of...
AI summary · drafted by claude-opus-4-7 · reviewed by @TokenBrice on May 15, 2026 · facts as of May 15, 2026
- Collateral
- Tokenised short-duration U.S. Treasury exposure routed by Nest into Janus Henderson JTRSY and Superstate USTB positions, plus a small stablecoin liquidity buffer
- Peg Mechanism
- Vault LP token whose value targets a dollar base and accretes through underlying Treasury fund NAV; primary mint and redemption occur through Nest at vault NAV against USDC and pUSD
- Jurisdiction
- Marshall Islands
- Proof Of Reserves
- No proof-of-reserves entry in the static profile.
Snippet Answer
Is nTBILL safe?
Pharos does not mark nTBILL as absolutely safe. Static metadata says Nest Treasury Vault uses a CeFi-Dependent 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 ntbill-nest
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.
nTBILL quick answers
What is Nest Treasury Vault (nTBILL)?
nTBILL is Nest's NAV-accreting Treasury vault token, routing into Janus Henderson JTRSY and Superstate USTB short-duration T-bill exposure. The static profile records its US Dollar peg mechanism as: Vault LP token whose value targets a dollar base and accretes through underlying Treasury fund NAV; primary mint and redemption occur through Nest at vault NAV against USDC and pUSD
What backs nTBILL?
Pharos classifies nTBILL backing as Real-World Asset Backed. Collateral, per the static profile: Tokenised short-duration U.S. Treasury exposure routed by Nest into Janus Henderson JTRSY and Superstate USTB positions, plus a small stablecoin liquidity buffer Reserve evidence: live reserve feed configured.
Can nTBILL 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 nTBILL, when applicable, appear in the dossier below.