Superstate issues tokenized U.S. bond fund on Ethereum / Learn RWA applications from lesson

According to CoinDesk, blockchain asset manager Superstate has launched its first tokenized U.S. bond fund product on Ethereum. The fund holds short-term Treasuries directly and targets returns consistent with the federal funds rate. Investors can deposit in U.S. dollars or Circle’s USDC stablecoin and receive USTB tokens representing their investment in the fund. The USTB token is designed to provide U.S. institutional investors with an alternative to stablecoins, allowing them to store on-chain cash and earn yield. (PANews report)

This is an RWA application that buys USTB with USD/USDC, which stands for a certificate for an investment bond fund. This time, it is necessary to pay attention to the company Superstate, whether it is compliant, whether the capital reserves are sufficient, and how the cash liquidity is, which can be known from online reviews and community discussions, and Comxper expert also hope that they will introduce various international standards and respect ESG (SDGs) guidelines. (SDChain report)

Lale NEWS Portal: click here. SDChain Bridge link in public testing: bridge.sdchain.io. SixDomainChain (SDChain) is the world’s first decentralized public blockchain ecosystem that integrates international standards of IoT Six-Domain Model and reference architecture standards for distributed blockchain.