Bitcoin Magazine Saturn raises $800k from YZi Labs and Sora Ventures to build USDat, a 11%+ yield-bearing stablecoin protocol backed by Strategy’s Digital CreditBitcoin Magazine 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 raises $800k from YZi Labs and Sora Ventures to build USDat, a 11%+ yield-bearing stablecoin protocol backed by Strategy’s Digital Credit

Bitcoin Magazine

Saturn raises $800k from YZi Labs and Sora Ventures to build USDat, a 11%+ yield-bearing stablecoin protocol backed by Strategy’s Digital Credit

The Creation of Digital Credit

In 2025, Strategy and Michael Saylor set their sights on the fixed-income market. The company transformed Bitcoin into a durable source of yield, creating a credit layer on top of it. 

“Our goal is to bring transparent yield to DeFi at a scale of billions of dollars. We are building the first application on Michael Saylor’s digital credit – a whole new platform layer, where banks, insurance, investing and money will be all reshaped,” said Kevin Li, Co-founder of Saturn. “We’re proud to have YZi Labs and Sora’s support from day one, and we will become the Tether of digital credit” Li added, “Today, yield is generated through a combination of Strategy’s STRC and U.S. Treasury bills.”

“Stablecoins are moving beyond simple payments toward yield-driven products, and few projects connect institutional credit with DeFi in a meaningful way,” said Jason Fang, Founder of Sora Ventures. “We backed Saturn because USDat is pioneering the first on-chain use of Strategy’s credit products, and we believe it can redefine how institutional capital interacts with decentralized finance.

The Saturn team brings deep expertise across DATs, DeFi, and stablecoins, with engineering experience from Artemis – a leading blockchain data company focused on stablecoin and onchain analytics – and M31 Capital, a DeFi-focused venture and liquid fund. All founders are alumni of the University of Pennsylvania.

With support from YZi Labs and Sora Ventures, Saturn is well positioned for global market penetration and to become a dominant force in DeFi. Li notes that as Bitcoin transforms into a new credit layer, Saturn will be the first stablecoin protocol to offer double-digit yields at $10B scale. 


Disclaimer: This is a sponsored press release. Readers are encouraged to perform their own due diligence before acting on any information presented in this article.

This post Saturn raises $800k from YZi Labs and Sora Ventures to build USDat, a 11%+ yield-bearing stablecoin protocol backed by Strategy’s Digital Credit first appeared on Bitcoin Magazine and is written by Bitcoin Magazine.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

CLARITY Act ‘Has a Long Way to Go‘

CLARITY Act ‘Has a Long Way to Go‘

The post CLARITY Act ‘Has a Long Way to Go‘ appeared on BitcoinEthereumNews.com. David Solomon, CEO of banking giant Goldman Sachs, has weighed in on the pending
Share
BitcoinEthereumNews2026/01/17 11:16
Best Meme Coin to Buy Now? Why $HUGS From Milk & Mocha Is Winning Over 2025 Crypto Investors

Best Meme Coin to Buy Now? Why $HUGS From Milk & Mocha Is Winning Over 2025 Crypto Investors

Looking for the best meme coin to buy now? Discover why Milk & Mocha’s $HUGS token, with staking, burns, and lifetime rewards, is leading the 2025 presale race.
Share
Blockchainreporter2025/09/20 23:55
EUR/CHF slides as Euro struggles post-inflation data

EUR/CHF slides as Euro struggles post-inflation data

The post EUR/CHF slides as Euro struggles post-inflation data appeared on BitcoinEthereumNews.com. EUR/CHF weakens for a second straight session as the euro struggles to recover post-Eurozone inflation data. Eurozone core inflation steady at 2.3%, headline CPI eases to 2.0% in August. SNB maintains a flexible policy outlook ahead of its September 25 decision, with no immediate need for easing. The Euro (EUR) trades under pressure against the Swiss Franc (CHF) on Wednesday, with EUR/CHF extending losses for the second straight session as the common currency struggles to gain traction following Eurozone inflation data. At the time of writing, the cross is trading around 0.9320 during the American session. The latest inflation data from Eurostat showed that Eurozone price growth remained broadly stable in August, reinforcing the European Central Bank’s (ECB) cautious stance on monetary policy. The Core Harmonized Index of Consumer Prices (HICP), which excludes volatile items such as food and energy, rose 2.3% YoY, in line with both forecasts and the previous month’s reading. On a monthly basis, core inflation increased by 0.3%, unchanged from July, highlighting persistent underlying price pressures in the bloc. Meanwhile, headline inflation eased to 2.0% YoY in August, down from 2.1% in July and slightly below expectations. On a monthly basis, prices rose just 0.1%, missing forecasts for a 0.2% increase and decelerating from July’s 0.2% rise. The inflation release follows last week’s ECB policy decision, where the central bank kept all three key interest rates unchanged and signaled that policy is likely at its terminal level. While officials acknowledged progress in bringing inflation down, they reiterated a cautious, data-dependent approach going forward, emphasizing the need to maintain restrictive conditions for an extended period to ensure price stability. On the Swiss side, disinflation appears to be deepening. The Producer and Import Price Index dropped 0.6% in August, marking a sharp 1.8% annual decline. Broader inflation remains…
Share
BitcoinEthereumNews2025/09/18 03:08