Spark Allocates $100M in Stablecoins to Superstate’s USCC Crypto Carry Fund, Expanding USTB Exposure with ~8.35% 30-Day Yield

In a strategic move to broaden revenue sources, DeFi lending protocol Spark has disclosed it will deploy $100 million from its stablecoin reserves into Superstate’s USCC fund, the Crypto Carry Fund, to pursue income diversification within a compliant framework.

The USCC strategy targets returns through cryptocurrency arbitrage trading, with a reported about 8.35% annualized yield over 30 days and a current TVL near $4.11 billion. The vehicle also oversees USTB, a tokenized US Treasury Bond fund.

Previously, Spark generated income from tokenized US bond products such as BlackRock’s BUIDL and Franklin’s FOBXX, signaling a pivot toward diversified channels while maintaining rigorous compliance.