$85,608,633
Total Market Cap
81,895,961 USTBL
Circulating Supply
$0
24h Volume
$85,608,633
Total Market Cap
81,895,961 USTBL
Circulating Supply
$0
24h Volume
# | Signal | Exchange | Type | Age |
---|
Logo | Exchange | Price | Pair | Spread | 24h Volume |
---|---|---|---|---|---|
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Bitfinex | $1 | USTBL/USD | $0.10 | $0 |
Spiko US T-Bills Money Market Fund (USTBL) is a cryptocurrency designed to bridge traditional finance with the digital asset ecosystem. USTBL provides crypto investors with exposure to U.S. Treasury Bills, offering stability and lower volatility compared to many other cryptocurrencies on the market. As a digital representation of T-Bill investments, USTBL aims to provide the security of government-backed securities with the flexibility and accessibility of cryptocurrency.
USTBL is a digital token that represents a share in a fund invested in short-term U.S. Treasury Bills. These T-Bills are considered among the safest financial instruments globally, backed by the full faith and credit of the U.S. government. By tokenizing these investments, Spiko US T-Bills Money Market Fund (USTBL) makes it possible for crypto investors to gain exposure to traditional safe-haven assets without leaving the cryptocurrency ecosystem.
Each USTBL token is designed to be backed by real-world treasury assets, providing a stable value proposition that's uncommon in the volatile cryptocurrency space. This makes USTBL an attractive option for investors looking to diversify their crypto portfolios with a lower-risk asset.
The Spiko US T-Bills Money Market Fund (USTBL) operates by investing the fund's assets primarily in U.S. Treasury Bills. When investors purchase USTBL tokens, the funds are used to buy these government securities. The yield generated from these T-Bills is then reflected in the fund's value, potentially providing USTBL holders with returns similar to those of traditional money market funds.
The value of USTBL is maintained through several mechanisms:
USTBL transactions occur on blockchain networks, providing the benefits of immutability, transparency, and 24/7 access that are characteristic of cryptocurrencies.
Unlike many cryptocurrencies that rely on Proof of Work (mining) or Proof of Stake mechanisms, USTBL does not offer traditional mining opportunities. This is because USTBL is not designed as a network validation token but rather as a representation of real-world assets.
However, USTBL does offer staking opportunities. When you stake USTBL tokens, you're essentially committing your tokens to the protocol for a specified period. In return for this commitment, stakers receive rewards that may come from the yield generated by the underlying Treasury Bills or additional incentives provided by the protocol.
The staking process for USTBL works as follows:
This staking mechanism provides USTBL holders with additional ways to generate returns beyond the basic appreciation of the token's value.
Spiko US T-Bills Money Market Fund (USTBL) serves multiple purposes in the cryptocurrency ecosystem:
The utility of USTBL extends to both retail and institutional investors seeking regulated exposure to traditional financial instruments within the cryptocurrency space.
The initial distribution of Spiko US T-Bills Money Market Fund (USTBL) occurred through a carefully structured token generation event. Unlike many cryptocurrencies that utilize Initial Coin Offerings (ICOs) or airdrops, USTBL tokens were initially distributed in proportion to investments made in the underlying fund.
The distribution process was designed to ensure that each USTBL token was adequately backed by actual Treasury Bill investments from the start, establishing trust and stability in the token's value. The initial launch included:
This methodical approach to distribution helped USTBL establish credibility as a serious financial product in the cryptocurrency space rather than a speculative token.
Investors interested in Spiko US T-Bills Money Market Fund (USTBL) can easily trade this cryptocurrency on various exchanges using Cryptohopper's automated trading bot. Cryptohopper allows users to implement sophisticated trading strategies for USTBL without needing to monitor the markets 24/7. The platform's automated tools can help investors optimize their USTBL trading through features like:
Whether you're looking to accumulate USTBL for long-term holding or actively trade it against other cryptocurrencies, Cryptohopper provides the tools needed to execute your strategy efficiently.
Spiko US T-Bills Money Market Fund (USTBL) stands out in the cryptocurrency landscape due to several unique characteristics:
As the cryptocurrency market continues to mature, products like USTBL represent an important evolution in the industry, bringing traditional financial instruments on-chain and expanding the utility of blockchain technology beyond purely speculative assets.
Below are the most popular denominations to convert to USD and back into USTBL
USTBL | US Dollar |
---|---|
0.01USTBL | 0.01USD |
0.1USTBL | 0.10USD |
1USTBL | 1.05USD |
2USTBL | 2.09USD |
3USTBL | 3.14USD |
5USTBL | 5.23USD |
10USTBL | 10.45USD |
25USTBL | 26.13USD |
50USTBL | 52.25USD |
100USTBL | 104.50USD |
250USTBL | 261.25USD |
500USTBL | 522.50USD |
1000USTBL | 1,045.00USD |
10000USTBL | 10,450.00USD |
50000USTBL | 52,250.00USD |
100000USTBL | 104,500.00USD |
US Dollar | USTBL |
---|---|
0.01 USD | 0.00956938USTBL |
0.1 USD | 0.09569378USTBL |
1 USD | 0.95693780USTBL |
2 USD | 1.91387560USTBL |
3 USD | 2.87081340USTBL |
5 USD | 4.78468900USTBL |
10 USD | 9.56937799USTBL |
25 USD | 23.92344498USTBL |
50 USD | 47.84688995USTBL |
100 USD | 95.69377990USTBL |
250 USD | 239.23444976USTBL |
500 USD | 478.46889952USTBL |
1000 USD | 956.93779904USTBL |
10000 USD | 9,569.37799043USTBL |
50000 USD | 47,846.88995215USTBL |
100000 USD | 95,693.77990431USTBL |