Superstate USTB (USTB) stablecoin analytics
USTB is Superstate's tokenized short-duration U.S. Treasury fund, available as a permissioned on-chain wrapper for accredited investors.
Static Profile
Static stablecoin profile
Superstate USTB (USTB) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg US Dollar.
AI summary / Updated Jun 3, 2026
Superstate's USTB sits at $810 million in 100% short-duration government securities at BNY Mellon, sub-advised by Federated Hermes, audited by Ernst & Young — a pedigree that reads like a traditional fund prospectus because it essentially is one. The C safety grade looks...
AI summary · drafted by claude-opus-4-8 · reviewed by @TokenBrice on Jun 3, 2026 · facts as of Jun 3, 2026
- Collateral
- Short-duration U.S. Treasury Bills and government agency securities (weighted average maturity ~28 days), held in a segregated non-rehypothecated account at The Bank of New York Mellon; holdings disclosed publicly on a daily basis; sub-advised by Federated Hermes
- Peg Mechanism
- NAV-accreting fund share token (not pegged to $1); price launched at ~$10/share and appreciates continuously as Treasury income accrues; subscription and redemption at daily NAV in USDC or USD; NAV calculated by NAV Fund Services each NYSE/Federal Reserve business day
- Jurisdiction
- United States / SEC / Reg D Rule 506(c); Delaware Statutory Trust; restricted to U.S. Qualified Purchasers and Accredited Investors
- Proof Of Reserves
- Independent Audit by Ernst & Young LLP (annual audit); Chronicle VAO + Chainlink oracle provide daily on-chain NAV transparency Reserve source
Snippet Answer
Is USTB safe?
Pharos does not mark USTB as absolutely safe. Static metadata says Superstate USTB uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Independent Audit from Ernst & Young LLP (annual audit); Chronicle VAO + Chainlink oracle provide daily on-chain NAV transparency; the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Next Actions
Exact bot target: /subscribe dews,depeg,safety ustb-superstate
Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated Jun 3, 2026.
USTB quick answers
What is Superstate USTB (USTB)?
USTB is Superstate's tokenized short-duration U.S. Treasury fund, available as a permissioned on-chain wrapper for accredited investors. The static profile records its US Dollar peg mechanism as: NAV-accreting fund share token (not pegged to $1); price launched at ~$10/share and appreciates continuously as Treasury income accrues; subscription and redemption at daily NAV in USDC or USD; NAV calculated by NAV Fund Services each...
What backs USTB?
Pharos classifies USTB backing as Real-World Asset Backed. Collateral, per the static profile: Short-duration U.S. Treasury Bills and government agency securities (weighted average maturity ~28 days), held in a segregated non-rehypothecated account at The Bank of New York Mellon; holdings disclosed publicly on a daily basis... Reserve evidence: Independent Audit from Ernst & Young LLP (annual audit); Chronicle VAO + Chainlink oracle provide daily on-chain NAV transparency.
Can USTB be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded. Live freeze and blacklist events for USTB, when applicable, appear in the dossier below.