PANews reported on October 24th that according to The Block, DeFi lending protocol Spark (part of the Sky ecosystem) announced that it will allocate $100 million of its stablecoin reserves to the Superstate’s USCC (Crypto Carry Fund) to generate returns through spot-futures basis trading. USCC currently has a TVL of approximately $411 million. Spark previously generated income primarily through tokenized US Treasury products such as Blackstone BUIDL and Franklin FOBXX. Superstate claims that USCC has achieved an annualized return of approximately 8.35% over the past 30 days and operates within a compliant framework. It also manages USTB (a tokenized US Treasury fund). Spark has also deployed approximately $1.1 billion to Ethena's USDe/sUSDe and $25 million to the Maple Finance pool this year.PANews reported on October 24th that according to The Block, DeFi lending protocol Spark (part of the Sky ecosystem) announced that it will allocate $100 million of its stablecoin reserves to the Superstate’s USCC (Crypto Carry Fund) to generate returns through spot-futures basis trading. USCC currently has a TVL of approximately $411 million. Spark previously generated income primarily through tokenized US Treasury products such as Blackstone BUIDL and Franklin FOBXX. Superstate claims that USCC has achieved an annualized return of approximately 8.35% over the past 30 days and operates within a compliant framework. It also manages USTB (a tokenized US Treasury fund). Spark has also deployed approximately $1.1 billion to Ethena's USDe/sUSDe and $25 million to the Maple Finance pool this year.