USTBL USTBL

What USTBL actually is on-chain

USTBL is not a token issued on someone else's network — it settles on Bitcoin, which means there is no contract address to verify and no issuer who can freeze or reissue it. Supply and transfer rules are enforced by the chain's own consensus, so the risks worth tracking are protocol risks (client bugs, hash-rate or validator concentration) rather than token-contract risks.

Another asset tracked on this site also uses the ticker USTBL: Spiko US T-Bills Money Market Fund (Ethereum, 0xe488…e750). The asset on this page is the one that settles on Bitcoin. These are unrelated tokens with separate contracts, separate supply and separate price histories — a price alert set on one of them says nothing about the others, and a ticker search is not enough to tell them apart.

For USTBL the project publishes a whitepaper and an active account as @NexBridge_RWA. That is a partial paper trail — enough to check claims against, not enough to audit. None of it is a quality judgement about the asset; it is simply what can be independently checked before the chart is worth looking at.

Where USTBL sits in the market

At #673, USTBL is in the top of the small-cap band. Books at this depth are thin enough that one sizeable market order can move the printed price by several percent and retrace within minutes, which is precisely why a single static price target makes a poor trigger — you want a condition that survives one wick. Availability is concentrated in a handful of venues and volume-based delisting is a live risk rather than a theoretical one.

We are not currently receiving a live USTBL order book from any of the exchanges connected to this site, so no real-time quote is shown above. That is itself information: it usually means the pair is unlisted on the venues we track, or trading has been halted. USTBL settles on Bitcoin, its own base layer, so any trading that does happen is on centralised venues rather than in on-chain pools.

USTBL against its all-time high

USTBL's record high is $1.05, set on 2026-03-13. That high sits in a range where whole-cent and whole-unit levels are genuinely traded, which makes them usable as alert thresholds if a quote returns. The print is recent enough — about a year ago — that it still describes the market USTBL trades in today. We are not quoting a drawdown from it because no tracked venue is giving us a live USTBL price — a stale or single-pool number would make that percentage look precise when it is not.

USTBL across its historical range

The recorded range runs 25.0x, from $0.0422 to $1.05 — wide by the standards of traditional assets, moderate for this one's class.

The record low of $0.0422 was printed on 2025-12-04 — about a year ago. We have no live quote to measure the current distance from it.

USTBL supply and valuation data

USTBL sits just outside the band where circulating and total supply are independently verified, so we hold a valuation figure for USTBL but not an audited token count. What we do have is a fully diluted valuation of $32.2 million as of 2026-05-12. That is in the upper quartile of tracked assets by fully diluted value.

Because that valuation is a snapshot rather than a live figure, we deliberately do not back out a supply number from it — the price has moved since, and the division would produce a confident-looking token count that is simply wrong. Check the project's own explorer for the current supply before using any per-token valuation. The authoritative figure is the one blockstream.info reports for this contract.

What kind of asset USTBL is

USTBL sits in the real-world-asset category, where the token is a claim on or a representation of something held off-chain. That makes the relevant risks custodial and regulatory rather than purely market-driven: attestation quality, the identity of the custodian and the legal enforceability of redemption matter more than the chart. RWA assets also tend to move on regulatory news cycles that have nothing to do with the broader crypto tape.

CoinGecko files USTBL under 3 categories, including Tokenized Assets, Real World Assets (RWA), Bitcoin Ecosystem. CoinGecko also records deployments on Bitcoin (22 tracked tokens), so its on-chain liquidity and its user base move with that network.

How to set a USTBL alert that is worth receiving

USTBL settles on its own Bitcoin base layer — high dated 2026-03-13 — rank #673. On this profile the condition that carries signal is a two-sided price threshold beyond the recent band plus a 4-hour or daily RSI condition.

Full alert-design method: thresholds, RSI/MACD and volume conditions →