Algorithmic / under-collateralized stablecoin
Superstate's assessment for RD-F-069 — scored not_applicable on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.
Evidence summary #
Neither USTB nor USCC is a stablecoin (algorithmic or otherwise). Both are tokenized fund shares with NAV-denominated value. Taxonomy §Cat 4 PD-024: algorithmic stablecoin classification is lending-only context.
Sources #
- DocsSuperstate docs full text — fund descriptionSuperstate docs describe USTB as tokenized short-duration US government securities fund shares and USCC as crypto carry fund shares — not stablecoins, not pegged assetsretrieved 2026-05-16
Methodology #
Classify whether the protocol is an algorithmic or under-collateralized stablecoin design per curator classification.
See the full factor methodology and distribution across all protocols →
rubric_version v1.7.0 protocol superstate factor RD-F-069 score not_applicable collected_at 2026-05-16 00:06:37