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

CoinFeed reported on May 8th 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 a stablecoin protocol built on Strategy's SRC 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, and is licensed and pegged 1:1 to USDC; sUSDat is an ERC-4626 interest-bearing treasury that accumulates SRC dividends and has a 3-7 day exit queue.