- N/T
Short-term T-Bill Token STBT
We lack of accurate trading data.
This could be attributed to several reasons, including limited exchange liquidity or delisting. Or might be due unable to provide support for exchanges where this asset is currently tradable.
Market CapÂ
$37.73Â MRank #--FDVÂ
--Rank #--About STBT
Short-term T-Bill Token (STBT) is an ERC 1400 standard token designed exclusively for accredited investors. It allows holders to access risk-free US T-bill yields. The token's interest is adjusted based on the holders' STBT balances on each business day.
What makes Short-term T-Bill Token unique?
Short-term T-Bill Token (STBT) is unique compared to other cryptocurrencies for several reasons:
1. Exclusive for accredited investors: STBT is designed exclusively for accredited investors, ensuring that only qualified individuals can access it.
2. ERC-1400 standard token: STBT follows the ERC-1400 standard, which provides enhanced security and compliance features compared to other tokens.
3. Risk-free US T-bill yields: Holders of STBT can tap into risk-free US Treasury bill yields. This means that the token offers a low-risk investment option compared to other cryptocurrencies that are subject to market volatility.
4. Daily interest rebasing: The interest earned on STBT is rebased to holders' token balances on each business day. This feature allows for regular and consistent interest accrual.
5. Quota-based mint/redeem requests: STBT offers a daily quota for quick settlement of mint/redeem requests. This ensures efficient processing of transactions and liquidity for token holders.
6. Cash reserves and allocation: The mint/redeem requests are fulfilled based on the cash reserves in STBT, and they are allocated on a first-come, first-served basis. This mechanism ensures fairness and transparency in transaction processing.
These unique features make Short-term T-Bill Token stand out from other cryptocurrencies, offering accredited investors a secure and predictable investment option with risk-free yields.