Short-term T-Bill Token (STBT)

Short-term T-Bill Token (STBT) is a token offered by Matrixdock that provides risk-free yields from U.S. Treasury securities and reverse repos. The token is pegged 1:1 to USD, and interest is rebased on holders’ STBT balances every business day. With STBT, investors can seamlessly swap, allocate, and diversify with fully backed real-world asset tokens, securely harnessing on-chain value. Matrixdock pioneers transparency by ensuring all underlying assets are fully backed and maintaining a stable peg to their intrinsic value.

Matrixdock’s innovative mechanism allows token holders to mint or redeem STBT tokens anytime, providing effortless access and confident management of positions. The company’s structure ensures bankruptcy remoteness and mitigated counterparty risk, as RWA tokens are issued through an orphan Special Purpose Vehicle (SPV) structure. Matrixdock demonstrates an unwavering commitment to transparency through various measures, including the Transparency Panel, composed of noted experts with view-only access to the reserve assets dashboard and regular asset statements from accredited brokers.

The Matrixdock platform offers enhanced transparency and accountability through daily updates that feature a detailed breakdown of underlying assets. Third parties provide real-time on-chain verification of collateral value through Proof of Reserve (PoR) feeds. The mint and redeem processes are designed to safeguard against potential risks and maintain system integrity. Matrixdock’s commitment to transparency and governance is showcased through ongoing news and insights highlighting the transformative journey of RWA tokenization and the company’s ecosystem excellence.