CoinVoice has recently learned that, according to The Block, the tokenization company Superstate announced an upgrade to its USTB fund, introducing a "continuous pricing" feature that allows for dynamic updates of the fund's net asset value (NAV). USTB holders will enjoy real-time interest accumulation, avoiding delays in the traditional market settlement cycle, allowing investors to start earning returns from the moment of investment without waiting for the next trading day's NAV update.
Superstate founder Robert Leshner stated that this move marks the company's breakthrough in traditional finance (TradFi), bringing blockchain logic into traditional finance to enhance the fund product experience. In the future, Superstate plans to launch atomic minting and redemption features based on this functionality and achieve instant conversion between USTB and USDC, paving the way for efficient integration of DeFi protocols and T-bills. Currently, assets managed by USTB exceed $145 million, with a seven-day yield of 4.80%. [Original link]
