> For the complete documentation index, see [llms.txt](https://tech.usual.money/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://tech.usual.money/smart-contracts/usd0a-collateral/ustb-by-superstate.md).

# USTB by Superstate

## Who is Superstate?

Superstate is an asset-management firm building regulated, tokenized investment products on blockchain. Its mission is to bridge traditional financial markets with crypto-native infrastructure, allowing investors to hold real-world assets directly on-chain.

Find out more about [Superstate](https://superstate.com/).

## What is USTB?

USTB is a tokenized fund backed primarily by short-duration U.S. Treasury bills. The fund holds high-quality government debt and cash, providing a conservative yield-bearing option for on-chain investors. Unlike synthetic or derivative-based products, USTB represents shares in a fully backed, regulated investment fund. By offering on-chain access to T-bills, USTB gives users a transparent and lower-risk way to hold dollar-based assets while earning short-term Treasury yields.

More on [USTB](https://superstate.com/assets/ustb).
