PANews|May 08, 2026 01:37
[Bitcoin-Backed Digital Credit Protocol Saturn Credit Completes $2 Million Seed Round Financing]
According to official sources, the Bitcoin-backed digital credit protocol Saturn Credit has completed a $2 million seed round financing, led by The Spartan Group, with participation from Anchorage Digital and Susquehanna Crypto.
It is reported that Saturn Credit is a stablecoin protocol built on Strategy's STRC and is set to launch in March 2026. Saturn Credit adopts a dual-token system: USDat is a non-yield-bearing stablecoin backed by tokenized U.S. Treasury bonds via the M token, licensed and pegged 1:1 with USDC; sUSDat is an ERC-4626 yield-bearing vault that accumulates STRC dividends, featuring a 3 to 7-day withdrawal queue.
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