Superstate
Superstate issues tokenized funds and shares on Ethereum: USTB (a short-duration US Treasury fund) and USCC (a crypto basis fund) for qualified investors, plus Opening Bell tokenized public equities. Holding the tokens requires Superstate onboarding and an allowlisted wallet.
Rating B: 2 restrictions: Feature Block, KYC / allowlist. RWA / tokenized funds · Ethereum.
Official app: superstate.com. Frontend code: closed.
Restrictions
- Geo Block: n/a.
- Feature Block: yes. Funds (USTB, USCC): qualified purchasers in supported countries only (at least $5m investable assets for individuals, $25m for institutions). Tokenized equities: all investors in supported jurisdictions. Access is an allowlist of supported countries rather than a list of banned ones.
- Wallet screening: n/a.
- VPN / Tor detection: n/a.
- KYC / allowlist: yes. Onboarding with KYC (via Parallel Markets), then wallet allowlisting; USTB transfers to non-allowlisted addresses revert on-chain. Where it runs: smart contract.
- Terms of Service: docs.superstate.com/introduction-to-superstate/onboarding, Last updated unknown. Only investors in supported countries (allowlist of roughly 22-29 countries, updated regularly)
Notes
Closed frontend. USTB transfers to non-allowlisted addresses revert at the contract level.
Evidence
- docs.superstate.com/introduction-to-superstate/onboarding
- docs.superstate.com/superstate-funds/ustb
- superstate.com/assets/ustb
- eco.com/support/en/articles/15254017-ustb-deep-dive-2026-superstate-s-short-treasury-fund
Checked 2026-10-10. All interfaces · Methodology