According to Golden Finance, the official governance page shows that the Frax Finance community launched a proposal to "introduce USTB as frxUSD collateral and custody assets", proposing to introduce USTB, Superstate's short-term U.S. government securities fund, as a reserve behind the stablecoin to provide stability. , liquidity, and Treasury bill yields. USTB is a tokenized (ERC-20) fund that provides investors with short-term U.S. Treasury bill exposure. USTB's investment objective is to seek current income consistent with liquidity and principal stability, targeting returns consistent with the federal funds rate. The proposal aims to introduce USTB as a collateral asset with an initial cap of $100 million. Voting is currently open until January 1 next year.