Spark Allocates $100M To Superstate’s Regulated Crypto Fund To Diversify Beyond Treasuries Amid Falling Yields
Decentralized finance (DeFi) lending platform and on-chain asset administration protocol Spark has allotted $100 million from its stablecoin reserves to Superstate’s USCC fund, a regulated crypto-based buying and selling automobile designed to earn returns from variations between spot and futures market costs. The transfer represents one of many earliest important efforts by a serious DeFi…
