Bitcoin-backed digital lending protocol Saturn Credit raises $2 million in seed funding.

PANews reported on May 8 that Saturn Credit, a Bitcoin-backed digital lending protocol, has completed a $2 million seed funding round led by The Spartan Group, with participation from Anchorage Digital and Susquehanna Crypto.

Saturn Credit is reportedly a stablecoin protocol built on Strategy's STRC platform and is scheduled to launch in March 2026. Saturn Credit employs a dual-token system: USDat is a non-interest-bearing stablecoin backed by tokenized US Treasury bonds through M tokens, is licensed, and is pegged 1:1 to USDC; sUSDat is an ERC-4626 interest-bearing treasury that accumulates STRC dividends and has a 3-7 day exit queue.

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