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  • #450

Short-term T-Bill TokenSTBT

STBT Price

$1.01-0.20%
Price Range--
--

Market Cap 

$87.78 MRank #450

FDV 

$87.78 MRank #655
OverviewExchangesFundraisingVesting

Detailed Performance

SentimentNeutral

STBT shows Neutral behaviour against top cryptocurrencies, leading categories and blockchains over various time periods

Trading Pair1h24h7d1m3m1y
STBT/USD
0.00%-0.49%1.57%1.52%2.16%1.16%
-2.12%-8.56%-16.33%-31.01%-37.69%-61.81%
-2.06%-5.38%-13.02%-32.39%-38.53%-51.51%
-1.33%-4.10%-13.57%-25.08%-38.98%-48.13%

STBTto USD Converter

STBT

Price History

All-Time High
$1.14
1.13x to ATH
All-Time Low
--
-- to ATL
Trade Launch Date
28 Feb, 2023
365 days ago

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.

Live Short-term T-Bill Token Price Data

The current price of Short-term T-Bill Token (STBT) is approximately $1.01, reflecting a decrease of -0.20% in the last 24 hours. The STBT trading volume in the last 24 hours stands at $149.37. Short-term T-Bill Token's market cap is currently $87.78 million, accounting for about < 0.01% of the total crypto market cap. The circulating supply of STBT is 86.32 million. 

For a comprehensive list of exchanges, visit our crypto exchanges page. To understand Short-term T-Bill Token's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on STBT, check out our crypto insights page.

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