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 May 15, 2026
a three-entity, two-wrapper path from token to bond, backed by Standard Chartered Libeara's ULTRA fund managed by Wellington. Theo's thBILL is 100% backed by tULTRA, which wraps Standard Chartered Libeara's ULTRA fund, which holds actual U.S. Treasury bills as a tokenized...
AI summary · drafted by claude-opus-4-7 · reviewed by @TokenBrice on May 15, 2026 · facts as of May 15, 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 May 15, 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.