$STBT represents for short-term treasury bill token, a token developed based on ERC1400 standard on Ethereum, back by US Treasury Bills.

$STBT represents for short-term treasury bill token, a token developed based on ERC1400 standard on Ethereum, back by US Treasury Bills. STBT is traded at 1:1 with USDC upon token issuance; the underlying assets for STBT are T-bills maturing within six (6) months and reverse repurchase agreements (Reverse Repo) collateralized by U.S. Treasury securities. Exclusively available to accredited investors, STBT aims to connects the US government backed T-bill yield to the qualifiable stablecoin (USDT / USDC) holders.