USDat offers a two‑tiered token system that combines stablecoin stability with high‑yield digital credit exposure. The base token, USDat, is a non‑yielding stablecoin fully collateralized by tokenized U.S. Treasury securities, while the staked variant, sUSDat, is backed 100 % by Strategy’s Stretch (STRC) Bitcoin‑collateralized credit, delivering institutional‑grade yields above 11 % APY through automated on‑chain verification and smart‑contract distribution.
Funding
Funding not disclosed
Founders
Product
Problem
Investors seeking on‑chain yield face limited options that either lack transparent collateral or expose them to high volatility. Traditional stablecoins often do not provide exposure to the growing digital credit market, while accessing Bitcoin‑backed credit typically requires complex, permissioned processes.
Solution
USDat creates a two‑tiered token system that bridges stablecoin stability with high‑yield digital credit exposure. The base token, USDat, is a non‑yielding stablecoin fully collateralized by tokenized U.S. Treasury securities, offering instant, permissionless access to the digital credit ecosystem. Users can stake USDat to receive sUSDat, which is backed 100 % by Strategy’s Stretch (STRC) digital credit—a Bitcoin‑collateralized credit product. As STRC generates dividends, sUSDat’s price appreciates, delivering institutional‑grade yields exceeding 11 % APY. The platform operates on a permissionless, on‑chain architecture, providing 24/7 borderless access, real‑time verification of collateral health, and transparent yield generation through smart‑contract automation.
Target Audience
USDat targets crypto investors, DeFi participants, and institutional players who require a stable, collateral‑backed token for accessing high‑yield digital credit on a permissionless blockchain.
Features
- USDat: a fully collateralized stablecoin backed by tokenized U.S. Treasury assets, ensuring price stability and liquidity.
- sUSDat: a staked variant of USDat backed entirely by STRC digital credit, delivering yield as the underlying credit dividends accrue.
- Bitcoin‑backed digital credit (STRC) provides low‑cost borrowing against Bitcoin, enabling high‑yield, low‑duration exposure.
- On‑chain verification and monitoring of collateral health, allowing users to track risk in real time.
- Permissionless, instant access via the Saturn App, supporting 24/7 global usage without intermediaries.
- Transparent smart‑contract based yield distribution and automated staking mechanisms.
- Scalable architecture handling over $100 M daily STRC volume and serving a market estimated at $8.5 BN.