U.S. Treasury Bills token
Overview
U.S. Treasury Bills are short-term government securities issued by the U.S. Department of the Treasury with maturities of one year or less. In decentralized finance, they are commonly tokenized to serve as a low-risk, interest-bearing reserve asset for stablecoins and yield-bearing protocols.
Within the DeFi Intel graph, U.S. Treasury Bills connects to 50 tracked entities, most strongly to USD Coin, Tether USD, Dai.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 10 of 50 total).
| Relation | Connected entity | Confidence |
|---|---|---|
backed_by | USD Coin | 90% |
backed_by | Tether USD | 90% |
backed_by | Dai | 90% |
backed_by | Ethena USDe | 90% |
backed_by | Binance USD | 90% |
backed_by | Binance Peg BUSD | 90% |
backed_by | PayPal USD | 90% |
backed_by | Ondo US Dollar Yield | 90% |
backed_by | Frax USD | 90% |
backed_by | Agora Dollar | 90% |
Frequently asked questions
What are U.S. Treasury Bills?
U.S. Treasury Bills are short-term government securities issued by the U.S. Department of the Treasury with maturities of one year or less.
How are U.S. Treasury Bills used in decentralized finance?
In decentralized finance, they are commonly tokenized to serve as a low-risk, interest-bearing reserve asset for stablecoins and yield-bearing protocols.
Which stablecoins are backed by U.S. Treasury Bills?
Stablecoins backed by U.S. Treasury Bills include Tether USD, USD Coin, USDS, Dai, World Liberty Financial USD, Ethena USDe, PayPal USD, and Circle USYC.
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