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CoinVoice has learned that, according to the latest official information, the stablecoin protocol USDat developer Saturn announced the completion of $800,000 in funding. This round of financing was participated in by YZi Labs, Sora Ventures, and several angel investors in the crypto field.
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's credit to be used on-chain and providing a new model for corporate treasuries in decentralized finance.