pledgeSaturn USDat
USDat is the Saturn base dollar; the Digital Credit yield sits in sUSDat.
USDAT vs the other dollar products.
The research angle.
Saturn is one of the most explicit projects using “Digital Credit” language, so USDat belongs in the core category even while its evidence set is still developing.
Same score, different shape.
Each spoke is one of the eight factors behind Saturn USDat's 4.7/10, plotted 0–10 and ordered by methodology weight. The filled shape is the product's risk profile. Two products can share an overall score and still have opposite silhouettes — a balanced octagon is a very different risk than a spike on one axis with thin edges everywhere else. Saturn USDat is strongest on backing source (5.8/10) and thinnest on liquidity / exit depth (2.8/10).
The 8-factor breakdown.
Saturn’s site describes USDat as a non-yielding stablecoin backed 100% by tokenized U.S. treasuries. That makes it a base rail rather than the yield instrument.
Public materials are clearer on the product split than on full redemption mechanics, so users should verify app terms, docs, and liquidity before treating USDat like ordinary cash.
USDat should be read through treasury-token backing, Saturn app access, and redemption or secondary-market liquidity. It is not the same thing as holding STRC directly.
USDat itself is non-yielding in Saturn’s public description. Yield generation is pushed into sUSDat, the staked version.
Overall score = 4.74 under the Bitcoin-holder Digital Credit standard. USDat gets credit for a clear base-dollar role in Saturn materials, but current public proof, redemption mechanics, and third-party market depth are still too thin for a higher allocator-grade score.
Overall score = 4.74 under the Bitcoin-holder Digital Credit standard. USDat gets credit for a clear base-dollar role in Saturn materials, but current public proof, redemption mechanics, and third-party market depth are still too thin for a higher allocator-grade score.
Overall score = 4.74 under the Bitcoin-holder Digital Credit standard. USDat gets credit for a clear base-dollar role in Saturn materials, but current public proof, redemption mechanics, and third-party market depth are still too thin for a higher allocator-grade score.
Overall score = 4.74 under the Bitcoin-holder Digital Credit standard. USDat gets credit for a clear base-dollar role in Saturn materials, but current public proof, redemption mechanics, and third-party market depth are still too thin for a higher allocator-grade score.
The receipts.
Every figure on Saturn USDat traces to a primary document. These are the ones we read — open any of them.