U.S. Treasury Bills Alternatives: 8 Tokens Compared token
Why these alternatives
U.S. Treasury Bills is a reserve-asset token tracked in the DeFi Intel knowledge graph, with 50 connected entities and a PageRank of 0.0373. The 8 tokens below are the same-type entities that share the most graph neighbors with U.S. Treasury Bills — the chains, companies, auditors, investors and events that connect them — ranked by shared neighbors, then by their own graph centrality (PageRank).
Comparison table
| # | Alternative | Type | Category | Graph connections | Shared with U.S. Treasury Bills |
|---|---|---|---|---|---|
| 1 | Cash Bank Deposits | token | reserve-asset | 27 | 24 |
| 2 | Ether (ETH) | token | — | 134 | 6 |
| 3 | USD Coin | token | — | 230 | 5 |
| 4 | Bitcoin (BTC) | token | — | 271 | 3 |
| 5 | Dai | token | — | 64 | 3 |
| 6 | USDS | token | — | 16 | 2 |
| 7 | Honey | token | stablecoin | 6 | 2 |
| 8 | Tether USD | token | — | 163 | 1 |
The 8 alternatives in detail
1. Cash Bank Deposits
Cash Bank Deposits is a reserve-asset token tracked in the DeFi Intel knowledge graph, with 27 connected entities and a PageRank of 0.0201. It shares 24 graph neighbors with U.S. Treasury Bills, including USD Coin, Tether USD and Binance USD.
2. Ether (ETH)
Ether (ETH) is a token tracked in the DeFi Intel knowledge graph, with 134 connected entities and a PageRank of 0.1111. It shares 6 graph neighbors with U.S. Treasury Bills, including Dai, Ethena USDe and USDS. Also known as ETH, Ether.
3. USD Coin
USD Coin is a token tracked in the DeFi Intel knowledge graph, with 230 connected entities and a PageRank of 0.1834. It shares 5 graph neighbors with U.S. Treasury Bills, including Tether USD, Dai and USDS. The graph also records a direct “backed by” relation between USD Coin and U.S. Treasury Bills. Also known as USDC.
4. Bitcoin (BTC)
Bitcoin (BTC) is a token tracked in the DeFi Intel knowledge graph, with 271 connected entities and a PageRank of 0.2125. It shares 3 graph neighbors with U.S. Treasury Bills, including Ethena USDe, Falcon USD and Astherus. Also known as BTC, Bitcoin.
5. Dai
Dai is a token tracked in the DeFi Intel knowledge graph, with 64 connected entities and a PageRank of 0.0492. It shares 3 graph neighbors with U.S. Treasury Bills, including USD Coin, USDS and USDB Blast. The graph also records a direct “backed by” relation between Dai and U.S. Treasury Bills. Also known as DAI.
6. USDS
USDS is a token tracked in the DeFi Intel knowledge graph, with 16 connected entities and a PageRank of 0.0149. It shares 2 graph neighbors with U.S. Treasury Bills, including USD Coin and Dai. The graph also records a direct “backed by” relation between USDS and U.S. Treasury Bills.
7. Honey
Honey is a stablecoin token tracked in the DeFi Intel knowledge graph, with 6 connected entities and a PageRank of 0.0067. It shares 2 graph neighbors with U.S. Treasury Bills, including USD Coin and PayPal USD. Also known as HONEY.
8. Tether USD
Tether USD is a token tracked in the DeFi Intel knowledge graph, with 163 connected entities and a PageRank of 0.1327. It shares 1 graph neighbor with U.S. Treasury Bills, including USD Coin. The graph also records a direct “backed by” relation between Tether USD and U.S. Treasury Bills. Also known as USDT.
How this list is built
DeFi Intel maps 11,787 entities and 25,338 relationships extracted from source-cited crypto news and research. An alternative to U.S. Treasury Bills is defined here as another tracked token ranked by how many knowledge-graph neighbors it shares with U.S. Treasury Bills, with ties broken by PageRank (graph centrality). Only entities with their own DeFi Intel profile page are listed. This page is generated from the graph data alone and contains no editorial ranking or opinion.
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