{"id":174163,"date":"2024-10-31T16:54:01","date_gmt":"2024-10-31T16:54:01","guid":{"rendered":"https:\/\/crypto-economy.com\/?p=174163"},"modified":"2024-10-31T16:54:05","modified_gmt":"2024-10-31T16:54:05","slug":"superstate-upgrades-ustb-tokenized-treasury-fund-with-continuous-pricing","status":"publish","type":"post","link":"https:\/\/crypto-economy.com\/superstate-upgrades-ustb-tokenized-treasury-fund-with-continuous-pricing\/","title":{"rendered":"Superstate Upgrades USTB Tokenized Treasury Fund with Continuous Pricing"},"content":{"rendered":"<p style=\"text-align: justify\">TL;DR<\/p>\n<ul>\n<li style=\"text-align: justify\">Superstate announces an update for <strong>its USTB fund<\/strong>, focused on U.S. government securities, introducing a &#8220;continuous pricing&#8221; system.<\/li>\n<li style=\"text-align: justify\">This innovation allows USTB holders to <strong>earn interest instantly<\/strong>, eliminating traditional settlement delays.<\/li>\n<li style=\"text-align: justify\">The company plans future enhancements, such as &#8220;<strong>atomic minting<\/strong>&#8221; and <strong>redemptions<\/strong> on Ethereum, which promises to increase efficiency in DeFi integration.<\/li>\n<\/ul>\n<hr \/>\n<p style=\"text-align: justify\"><strong>Superstate<\/strong>, a <a href=\"https:\/\/crypto-economy.com\/how-is-real-world-asset-rwa-tokenization-revolutionizing-industries\/\" target=\"_blank\" rel=\"noopener\"><strong>tokenization<\/strong> <\/a>firm, has announced a significant <a href=\"https:\/\/superstate.co\/blog\/introducing-continuous-pricing\" target=\"_blank\" rel=\"noopener\"><strong>update<\/strong> <\/a>for its <strong>USTB fund<\/strong>, which focuses on<strong> U.S. government securities.<\/strong><!--more--><\/p>\n<p style=\"text-align: justify\">The main novelty is the implementation of a &#8220;<strong>continuous pricing<\/strong>&#8221; system, a pioneering feature that allows for the <strong>dynamic updating<\/strong> <strong>of the fund&#8217;s net asset value<\/strong>, improving the investor experience.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">1\/ At Superstate, we\u2019re advancing our mission to modernize finance with a major upgrade to our tokenized treasury fund, USTB: continuous pricing, real-time interest accrual, and 24\/7\/365 operations.<\/p>\n<p>\ud83d\udd17<a href=\"https:\/\/t.co\/FliW4EmOO2\" target=\"_blank\">https:\/\/t.co\/FliW4EmOO2<\/a> <a href=\"https:\/\/t.co\/qEnYmKg32p\" target=\"_blank\">pic.twitter.com\/qEnYmKg32p<\/a><\/p>\n<p>&mdash; Superstate (@superstatefunds) <a href=\"https:\/\/twitter.com\/superstatefunds\/status\/1852011560324976950?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">October 31, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p style=\"text-align: justify\">With this innovation, USTB holders will be able to obtain <strong>immediate interest calculations<\/strong>, eliminating the lag typically associated with traditional settlement cycles. This means that investors can <strong>start earning returns from the moment they invest<\/strong>, rather than having to wait until the next business day to see their earnings reflected.<\/p>\n<h3 style=\"text-align: justify\">4.8% Weekly Yield<\/h3>\n<p style=\"text-align: justify\">The USTB fund currently manages over <strong>$145 million<\/strong> in assets and offers a <strong>yield of 4.80%<\/strong> over a seven-day period. Ownership in the fund is represented by an <strong>ERC-20 token<\/strong>, known as USTB. Robert Leshner, founder of Superstate, emphasized the importance of this update as it allows the integration of <a href=\"https:\/\/crypto-economy.com\/blockchain-technology\/\" target=\"_blank\" rel=\"noopener\"><strong>blockchain<\/strong><\/a> logic and principles into the traditional part of its tokenized fund.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-169066\" src=\"https:\/\/crypto-economy.com\/\/wp-content\/uploads\/2024\/07\/superstate-1.jpg\" alt=\"superstate post\" width=\"825\" height=\"300\" srcset=\"https:\/\/crypto-economy.com\/\/wp-content\/uploads\/2024\/07\/superstate-1.jpg 825w, https:\/\/crypto-economy.com\/\/wp-content\/uploads\/2024\/07\/superstate-1-300x109.jpg 300w, https:\/\/crypto-economy.com\/\/wp-content\/uploads\/2024\/07\/superstate-1-768x279.jpg 768w\" sizes=\"(max-width: 825px) 100vw, 825px\" \/><\/p>\n<p style=\"text-align: justify\">In addition to the immediate benefits for investors, Leshner also stated that the introduction of continuous pricing <strong>could enhance composability in the DeFi ecosystem<\/strong>. This means that DeFi protocols will be able to <strong>integrate Treasury bonds<\/strong> with unprecedented efficiency. However, the continuous pricing service is currently limited to <strong>T-bills<\/strong>, as they offer <strong>predictable returns<\/strong>, unlike other tokenized assets that can experience constant fluctuations.<\/p>\n<h2>Superstate Has More Surprises in Store<\/h2>\n<p style=\"text-align: justify\">Leshner also mentioned that the company has plans for <strong>future improvements<\/strong> to the system, including &#8220;<strong>atomic minting<\/strong>&#8221; and <strong>redemptions<\/strong> through USTB contracts on the Ethereum network. This will open the door to <strong>new workflows<\/strong> for DeFi protocols, stablecoin issuers, and automated investment strategies.<\/p>\n<p style=\"text-align: justify\">Superstate&#8217;s update not only sets <strong>a new standard in fund management<\/strong> but also highlights the potential of blockchain technology to transform investment products. The company is pioneering the modernization of the financial sector, building improvements that could benefit investors in the near future<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR Superstate announces an update for its USTB fund, focused on U.S. government securities, introducing a &#8220;continuous pricing&#8221; system. This innovation allows USTB holders to earn interest instantly, eliminating traditional settlement delays. The company plans future enhancements, such as &#8220;atomic minting&#8221; and redemptions on Ethereum, which promises to increase efficiency in DeFi integration. Superstate, a &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"Superstate Upgrades USTB Tokenized Treasury Fund with Continuous Pricing\" class=\"read-more button\" href=\"https:\/\/crypto-economy.com\/superstate-upgrades-ustb-tokenized-treasury-fund-with-continuous-pricing\/#more-174163\" aria-label=\"More on Superstate Upgrades USTB Tokenized Treasury Fund with Continuous Pricing\">Read more<\/a><\/p>\n","protected":false},"author":34,"featured_media":174165,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rank_math_lock_modified_date":false,"footnotes":""},"categories":[102,84,74],"tags":[4620,4656,4727],"class_list":["post-174163","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-companies","category-news","category-featured","tag-blockchain","tag-cryptocurrencies","tag-investment"],"_links":{"self":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/174163"}],"collection":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/comments?post=174163"}],"version-history":[{"count":1,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/174163\/revisions"}],"predecessor-version":[{"id":174166,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/174163\/revisions\/174166"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/media\/174165"}],"wp:attachment":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/media?parent=174163"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/categories?post=174163"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/tags?post=174163"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}