defirisk.co
rubric v1.7.0

Collateralization under stress

Superstate's assessment for RD-F-068 — scored not_applicable on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.

Evidence summary #

No collateralization ratio applicable. USTB is fully backed by US T-bills at BNY Mellon; USCC is backed by fund NAV. Neither is a borrowing/collateral protocol. Taxonomy §Cat 4 PD-024: collateralization ratio is lending-only.

Sources #

  • URL
    Superstate USTB fund page — fund structureUSTB fund page: holdings are US Treasury Bills (BNY Mellon custody); USCC fund page: Delaware Statutory Trust, Anchorage Digital custody — no lending/collateral structureretrieved 2026-05-16

Methodology #

Determine whether under curator-defined stress scenario (top-3 collateral assets drop 50%), protocol net collateralization falls below 110%.

See the full factor methodology and distribution across all protocols →

rubric_version v1.7.0 protocol superstate factor RD-F-068 score not_applicable collected_at 2026-05-16 00:06:37