Spiko UK T-Bills Money Market Fund (UKTBL) stablecoin analytics
Answer First
What is Spiko UK T-Bills Money Market Fund (UKTBL)?
UKTBL is Spiko's AMF-authorized GBP money-market fund share token, backed by short-dated UK Treasury bills and gated through Spiko's transfer agent. The static profile records its British Pound-denominated NAV accounting mechanism as: GBP-denominated NAV-accreting money-market fund share; primary subscriptions and redemptions are KYC-gated through Spiko at fund NAV.
Is UKTBL safe?
UKTBL holds a C+ Safety Score grade (64/100) in Pharos's latest published rating — a middle-tier grade that meets baseline expectations but carries meaningful weaknesses, so Pharos does not consider it clearly safe. Static metadata says Spiko UK T-Bills Money Market Fund uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Independent Audit from PricewaterhouseCoopers Audit, statutory auditor appointed in the Spiko SICAV prospectus. The AMF-hosted June 30, 2026 semiannual SICAV statement publishes UKTBL sub-fund assets, liabilities and exact GBP share counts and NAV, but contains no independently signed auditor opinion or publication date. The prospectus makes annual reports available to shareholders on written request; a current signed UKTBL-specific financial opinion and deployed token-liability scope remain unverified.; 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.
Static Profile
Static stablecoin profile
Spiko UK T-Bills Money Market Fund (UKTBL) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg British Pound-denominated NAV.
AI summary / Updated Sep 7, 2026
UKTBL is Spiko's GBP-denominated UK Treasury-bill money-market fund share, not a dollar product and not a retail payment stablecoin. The backing is dull by crypto standards: short-dated UK T-bills with a settlement cash buffer, run as an AMF-authorised UCITS short-term VNAV money-market fund with PwC as statutory auditor, though the audit reports are available on written request rather than published.
AI summary · drafted by claude-fable-5-1 · facts as of Sep 7, 2026
Sources: Spiko SICAV prospectus (PwC statutory auditor, art. 24)
- Collateral
- GBP-denominated UK Treasury bill money-market exposure administered through Spiko fund rails.
- Peg Mechanism
- GBP-denominated NAV-accreting money-market fund share; primary subscriptions and redemptions are KYC-gated through Spiko at fund NAV.
- Jurisdiction
- France / AMF / UCITS Short-Term VNAV Money Market Fund
- Proof Of Reserves
- Independent Audit by PricewaterhouseCoopers Audit, statutory auditor appointed in the Spiko SICAV prospectus. The AMF-hosted June 30, 2026 semiannual SICAV statement publishes UKTBL sub-fund assets, liabilities and exact GBP share counts and NAV, but contains no independently signed auditor opinion or publication date. The prospectus makes annual reports available to shareholders on written request; a current signed UKTBL-specific financial opinion and deployed token-liability scope remain unverified. Reserve source
Next Actions
Exact bot target: /subscribe dews,depeg,safety uktbl-spiko
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 Sep 7, 2026.
UKTBL quick answers
What is Spiko UK T-Bills Money Market Fund (UKTBL)?
UKTBL is Spiko's AMF-authorized GBP money-market fund share token, backed by short-dated UK Treasury bills and gated through Spiko's transfer agent. The static profile records its British Pound-denominated NAV accounting mechanism as: GBP-denominated NAV-accreting money-market fund share; primary subscriptions and redemptions are KYC-gated through Spiko at fund NAV.
Is UKTBL safe?
UKTBL holds a C+ Safety Score grade (64/100) in Pharos's latest published rating — a middle-tier grade that meets baseline expectations but carries meaningful weaknesses, so Pharos does not consider it clearly safe. Static metadata says Spiko UK T-Bills Money Market Fund uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Independent Audit from PricewaterhouseCoopers Audit, statutory auditor appointed in the Spiko SICAV prospectus. The AMF-hosted June 30, 2026 semiannual SICAV statement publishes UKTBL sub-fund assets, liabilities and exact GBP share counts and NAV, but contains no independently signed auditor opinion or publication date. The prospectus makes annual reports available to shareholders on written request; a current signed UKTBL-specific financial opinion and deployed token-liability scope remain unverified.; 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.
What backs UKTBL?
Pharos classifies UKTBL backing as Real-World Asset Backed. Collateral, per the static profile: GBP-denominated UK Treasury bill money-market exposure administered through Spiko fund rails. Reserve evidence: Independent Audit from PricewaterhouseCoopers Audit, statutory auditor appointed in the Spiko SICAV prospectus. The AMF-hosted June 30, 2026 semiannual SICAV statement publishes UKTBL sub-fund assets, liabilities and exact GBP share counts and NAV, but contains no independently signed auditor opinion or publication date. The prospectus makes annual reports available to shareholders on written request; a current signed UKTBL-specific financial opinion and deployed token-liability scope remain unverified..
Can UKTBL 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 UKTBL, when applicable, appear in the dossier below.
