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Stablecoin protocol USDat developer Saturn completes $800,000 funding round, with participation from YZi Labs and others
GateNews
DEFI-10,3%
PANews January 16 News, according to official sources, the stablecoin protocol USDat developer Saturn announced the completion of an $800,000 funding round, which was participated in by YZi Labs, Sora Ventures, and several angel investors in the crypto space. The USDat protocol’s revenue sources mainly combine Strategy perpetual preferred stock STRC and 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.
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