defi

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

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TL;DR:

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

Key Points:

  • 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
  • Involves BTC cryptocurrency

    • Background:

    Decentralized Finance (DeFi) refers to financial services built on blockchain networks without traditional intermediaries.

    Why It Matters:

    This development could influence BTC price action and market sentiment in the near term.

    Saturn raises $800k from YZi Labs and Sora Ventures to bu... | NewsCR