When I checked the Euler dashboard this morning, the first thing I noticed was PT-thBILL going live on @eulerfinance. That’s a pretty fast follow-up move from @Theo_Network after the new Pendle market launch last week. → Users can now collateralize PT-thBILL to borrow USDC, USD₮0, or thBILL. → Current ROE levels: • PT-thBILL/thBILL: 36.03% • PT-thBILL/USDC: 26.43% → Liquidity for each main pool sits above 1M USD. This signals real demand for tokenized T-bill products, not just for trading but also at the lending layer. I think once stablecoin capital rotates back into DeFi in 2026, assets like thBILL will play a key role in the safe-yield structure. Are you using PT-thBILL on Pendle or Euler right now?

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