Saturn raises $800k from YZi Labs and Sora Ventures to build USDat, a 11%+ yield-bearing stablecoin protocol backed by Strategy’s Digital Credit
Saturn secured $800k from YZi Labs and Sora Ventures to develop USDat, a stablecoin protocol offering over 11% yield backed by Strategy's digital credit.Summary
Saturn has raised $800,000 in funding from YZi Labs and Sora Ventures to build USDat, a stablecoin protocol designed to offer yields exceeding 11%. This yield is generated through a combination of Strategy's STRC token and U.S. Treasury bills, leveraging a new credit layer built upon Bitcoin, which Strategy and Michael Saylor began developing in 2025. Kevin Li, Co-founder of Saturn, stated their goal is to bring transparent yield to DeFi at a massive scale, positioning USDat to become the "Tether of digital credit." Jason Fang of Sora Ventures noted that USDat is pioneering the first on-chain use of Strategy's credit products, potentially redefining institutional capital interaction with DeFi. The Saturn team possesses deep expertise from companies like Artemis and M31 Capital, and they aim for USDat to offer double-digit yields at a $10 billion scale as Bitcoin evolves into a new credit layer.
(Source：Bitcoin Magazine)