USDat, issued by Prism Research, Inc., is a stablecoin referencing the U.S. dollar (USD) that provides permissionless access to a digital dollar backed 100% by tokenized U.S. Treasuries within Saturn's dual-token system [S1][S2].

USDat references the U.S. dollar and is backed 100% by tokenized U.S. Treasuries and stablecoins [S1][S3]. The token is non-yielding; holders earn returns only by staking USDat into sUSDat, the staked variant backed by digital credit (STRC), where the sUSDat price increases as digital credit dividends accrue rather than through a distribution or APY payment [S1]. Users deposit USDC to receive USDat, with no lock-up period applied [S3].

USDat is issued by Prism Research, Inc., operating as Saturn and running saturn.credit and app.saturn.credit [S2]. A separate entity, Saturn Holdings Ltd., governed by British Virgin Islands law, operates the Gravity Points referral program, which requires legal majority, account good standing, and passing KYC, AML, and sanctions screening, and excludes persons in the United States, the European Economic Area, the United Kingdom, Canada, Singapore, Hong Kong, the People's Republic of China, and sanctioned jurisdictions [S2][S4]. Holders deposit USDC to receive USDat and may swap, stake, or bridge tokens, with no lock-up period [S3].

USDat is issued onchain on Ethereum, with a bridge function exposed for cross-chain movement [S3]. Saturn adopted Chainlink CCIP following a security review to enable onchain distribution of Strategy's STRC Bitcoin-backed digital credit [S1]. Users mint USDat by depositing USDC and may swap, stake into sUSDat, or bridge tokens [S3].

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  retrievedAt="2026-06-22"
  items={[
    { id: "S1", url: "https://saturn.credit/" },
    { id: "S2", url: "https://saturn.credit/legal/privacy-policy" },
    { id: "S3", url: "https://app.saturn.credit/" },
    { id: "S4", url: "https://saturn.credit/legal/gravity-program/copy" },
  ]}
/>


Stablecoins

Saturn issues USDat fully-backed by tokenized U.S. Treasuries; sUSDat is the auto-compounding staked variant earning yield from institutional digital credit instruments.

USDat is a fully-backed digital dollar issued by Saturn (saturn.credit), backed by tokenized U.S. Treasuries. It serves as the base stable asset within Saturn's dual-token system alongside sUSDat, the yield-bearing staked variant earning returns from institutional digital credit instruments.

Saturn (saturn.credit) is the issuer of USDat and sUSDat, a dual-token system targeting institutional digital credit and tokenized U.S. Treasury exposure.

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Stablecoin issuers

Saturn

Saturn Dollar (USDat) is a U.S. dollar stablecoin issued by Saturn through Saturn Global Capital Investments Ltd.

Retail investors and institutions can mint and redeem directly with Saturn after completing KYC.

Saturn Global Capital Investments Ltd. is incorporated in the British Virgin Islands.

USDat has been issued on Ethereum as an ERC-20 token since March 2026, with bridged versions on two more.

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