Spark Allocates $100M to Superstate’s Crypto Carry Fund (USCC)

Deal Summary

Decentralized lending platform Spark has moved $100 million of its stablecoin reserves into Superstate’s Crypto Carry Fund (USCC) to capture higher crypto yields. The allocation comes as Spark manages yield for a $9B USDS liquidity reserve and seeks enhanced returns via Superstate’s fund.