Crypto startup Saturn is introducing USDat, a dollar-denominated token that channels yield from Strategy's Bitcoin-backed preferred equity (STRC) into DeFi, offering annualized dividends of 11%. The token converts dividends from Strategy’s Nasdaq-listed STRC security into a blockchain-native digital asset, bridging public-market credit exposure with decentralized finance. However, growth depends on Strategy's issuance capacity and is subject to regulatory and market risks affecting dividend sustainability and token stability.

