Spark has announced a commitment of $100 million to the USCC Fund under the Superstate umbrella.

BlockBeats News, October 24th, DeFi lending protocol Spark announced that it will allocate $100 million from its stablecoin reserves to Superstate's USCC fund (Crypto Carry Fund) to achieve income diversification. This fund generates income through cryptocurrency arbitrage trading. Previously, Spark mainly generated income through tokenized US bond products such as BlackRock's BUIDL and Franklin's FOBXX.

Superstate stated that USCC has an approximate 30-day annualized yield of about 8.35% and operates within a compliance framework. The current TVL is approximately $4.11 billion, and it also manages USTB (tokenized US Treasury Bond fund).