According to a recent LinkedIn post from Theo, the company is working with institutional digital asset brokerage Zodia Markets to support execution for its tokenized U.S. Treasury product, thBILL. The post highlights two expected benefits: expanded access through support for both USDT and USDC, and an anticipated 30–50% reduction in transaction costs.
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The post suggests that adding USDT, the largest stablecoin by market cap, could broaden the addressable capital base for thBILL, potentially increasing assets under management if institutional demand materializes. Lower execution costs may improve net yields for large users, which could enhance the product’s competitiveness versus other tokenized Treasury offerings.
According to the post, Zodia Markets is backed by Standard Chartered and provides execution via its Jersey-registered entity, while Standard Chartered’s Libeara platform continues to handle issuance and tokenization for thBILL. This combination of infrastructure partners may strengthen Theo’s positioning in the institutional digital asset market, though actual financial impact will depend on client adoption and the pace of broader institutional tokenization trends.