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Stablecoin protocol USDat developer Saturn completes $800,000 funding round, with participation from YZiLabs and others
According to official sources, stablecoin protocol USDat developer Saturn announced the completion of an $800,000 funding round, with participation from YZi Labs, Sora Ventures, and several angel investors in the crypto space.
The revenue source of the USDat protocol mainly combines Strategy perpetual preferred stock STRC with U.S. Treasury bonds. The project team stated that the protocol aims to introduce institutional-grade credit into DeFi, allowing Strategy credit to be used on-chain and providing a new model for corporate treasuries in decentralized finance.