Superstate Debuts Tokenized Short-Term Treasury Fund on Ethereum to Compete for Zero-Yield Stablecoins

February 1, 2024 CoinDesk

Superstate’s USTB token aims to offer institutional investors an alternative to stablecoins to earn a yield on their on-chain cash holdings, Superstate founder and CEO Robert Leshner said.

Source: https://www.coindesk.com/business/2024/02/01/superstate-debuts-tokenized-short-term-treasury-fund-on-ethereum-to-compete-for-zero-yield-stablecoins/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

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