wSTBT (By MatrixDock)

What is Matrixdock?

Matrixdock is Asia’s Real World Assets (RWA) leader that modernizes financial instruments and offers access to premium RWA through advanced tokenization technology. You can find more information about them on their website: Matrixdock.

What is STBT?

STBT is a dollar-pegged token backed by short-term U.S. Treasury Bills. It distributes interest daily through a rebasing mechanism, automatically adjusting the token supply to reflect the accrued returns.

More on STBT

What is wSTBT?

wSTBT is the non-rebasing version of STBT (Short-term Treasury Bill Token). The value of wSTBT increases as STBT accrues yield. In contrast, the rebasing token STBT maintains a price of $1.00, and yield increase results in STBT holders receiving additional STBT tokens.