Superstate is upgrading its USTB fund by introducing 'continuous pricing'

Tokenization company Superstate announced an upgrade to its USTB fund, introducing a "continuous pricing" feature that allows the fund's net asset value (NAV) to be dynamically updated. USTB holders will enjoy real-time interest accumulation, avoiding the delays in the traditional market settlement cycle, and investors can start earning returns from the investment without waiting for the NAV update on the next trading day. Robert Leshner, founder of Superstate, said that this move marks the company's breakthrough in traditional finance (TradFi), introducing blockchain logic into traditional finance to enhance the fund product experience. In the future, Superstate plans to launch atomic casting and redemption functions based on this function, and realize instant conversion of USTB and USDC, paving the way for efficient integration of DeFi protocols and T-bills. Currently, USTB manages more than $145 million in assets and has a seven-day yield of 4.80%. (TheBlock)