Ember Protocol has introduced Ember Treasury (USTY), which it describes as tokenized U.S. Treasury bills built for onchain markets. Ember says the product is live on Canton. Its announcement said trading would launch that day on a first venue, with further venues planned in the following days.
Ember is positioning USTY as a Treasury-bill product for onchain markets. Cantex describes it as tracking short-duration U.S. Treasury bills, with yield accruing in the token price.
Trading starts on Cantex
On August 11, Cantex announced USTY on its platform. Later that day, Ember confirmed that USTY was live for trading on Cantex.
USTY is now available for trading on Cantex. Ember said several more venues would follow in the days after the announcement.
A new Treasury-bill product on Canton
The launch makes a tokenized Treasury-bill product available on Cantex. Ember’s announcement places USTY live on Canton, while Cantex describes the asset as tracking short-duration U.S. Treasury bills.
Ember Treasury is live on Canton, and USTY is now trading on Cantex. Ember describes the product as tokenized U.S. Treasury bills for onchain markets.
