Saturn and Ondo Launch sUSDat V2 Backed by $9.83B Tokenized Strategy Preferred
- —STRC has an estimated $9.83 billion market cap and 12.52% effective yield
- —sUSDat V2 uses STRCon as reserve collateral for digital credit
- —USDat and sUSDat drew over $220 million in deposits within days of launch
- —Products are limited to eligible participants outside the US and EEA
Why it matters: Tokenized Strategy preferred shares as DeFi collateral expand the RWA market and intensify competition among chains to settle tokenized equities.
Source: TronWeekly