# Treasury bills

Short-term debt of the United States government, sold at a discount and maturing at face value within a year or less. Treasury bills dominate many stablecoin reserves and are among the GENIUS Act's permitted reserve assets, subject to the statute's maturity conditions. Reports state holdings; ReserveBeat renders those lines verbatim.

## Sources

- [TreasuryDirect — Treasury bills](https://www.treasurydirect.gov/marketable-securities/treasury-bills/)
- [GENIUS Act (S. 1582, 119th Congress) — congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/1582)

## Disclaimer

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Source: https://reservebeat.com/learn/treasury-bills
