Superstate introduces continuous pricing feature to its USTB fund

Blockchain-based asset management company Superstate is introducing continuous pricing relative to its Treasury Tokenized Fund (USTB). According to The Block, the feature will update the fund’s net asset value (NAV), allowing USTB token holders to receive interest income immediately after investing. Superstate founder Robert Leshner said that if you can price in real time, you can price in real time on-chain as well. That will allow DeFi protocols to implement U.S. Treasury bills (T-bills) on their backend much more efficiently, he added.