Saturn Credit, a Bitcoin-backed digital credit protocol, has successfully raised $2 million in a seed funding round led by The Spartan Group. According to ChainCatcher, other participants in the funding round included Anchorage Digital and Susquehanna Crypto.
Saturn Credit is a stablecoin protocol built on Strategy Company's STRC and is set to launch in March 2026. The protocol employs a dual-token system: USDat, a non-interest-bearing stablecoin backed by tokenized U.S. Treasury bonds and pegged 1:1 with USDC, and sUSDat, an ERC-4626 interest-bearing vault that accumulates STRC dividends with a withdrawal queue of 3 to 7 days.