Saturn: Not affected by STRC-backed stablecoin depegging
Foresight News reports that the Saturn Foundation, a DeFi digital credit protocol, tweeted that it has noticed other stablecoins and protocols backed by STRC experiencing depegging, but the Saturn platform and its products have not been affected. The USDat and sUSDat issued by Saturn adopt a dedicated risk isolation design, making their risks completely independent from other protocols.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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