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Saturn

Saturn

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Non-custodial peer-to-peer orderbook

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Project Overview

Saturn is a non-custodial peer-to-peer orderbook that bringing fungibility and a new token layer to Bitcoin.

PYUSDx Has Processed Over $100 Million in Transaction Volume, Enabling Enterprises to Create Branded Stablecoins Within Days

Odaily News: Payment company PayPal, along with stablecoin infrastructure project M0 and crypto payment platform MoonPay, has launched PYUSDx, enabling enterprises to create stablecoin-based products within days. The platform has processed over $100 million in transaction volume, with Saturn, Concrete, and Cap having already used the technology to launch products.M0 co-founder and CEO Luca Prosperi stated that PYUSDx leaves the product layer to developers to build, allowing different enterprises to develop different products based on the same technology. USD.AI and Fairblock were also listed as related projects.May Zabaneh, Senior Vice President and General Manager of PayPal's crypto business, said the stablecoin market is rapidly maturing. On September 10, the total market cap of stablecoins was approximately $305.25 billion, with USDT accounting for 60.07%; PYUSD's market cap was approximately $2.814 billion, ranking eighth. Enterprises can issue branded digital dollars backed by PYUSD, set corresponding rules, and redeem back to PYUSD when necessary. (Bitcoin.com News)

Cian’s product Bondify has officially launched, with initial support for migrating sUSDat/AUSD Morpho positions.

According to official announcements, Bondify—the RWA liquidity protocol under the CIAN ecosystem—has officially launched (Bondify.xyz). Bondify is positioned as structured-product infrastructure for RWAs and yield-generating on-chain assets, aiming to transform inherently illiquid and hard-to-trade leveraged loop positions into portable, priceable, and tradable on-chain yield and position instruments. At launch, Bondify will initially support the native loop-position migration of Saturn sUSDat/AUSD on Morpho. For users who have already established loop positions on Morpho, migrating to Bondify enables them to sell future yield or points exposure from their positions ahead of time via Yield Tokens (YTs), thereby locking in part of their value upfront while retaining their original risk exposure. For users bullish on Saturn/STRC points or yield expectations but unwilling to set up full loop positions themselves, purchasing YTs allows them to gain yield/points exposure over a defined period with minimal capital outlay. Additionally, Bondify provides standardized loop-position representation and secondary-market trading capabilities, offering existing loopers more flexible options for position transfer and exit.

Saturn increases STRC holdings, now totaling $33 million

Saturn announced the purchase of an additional $18 million worth of $STRC shares this week, bringing its total holdings to $33 million.It is reported that Saturn is an on-chain yield stablecoin issuer powered by Strategy's Stretch STRC. (BitcoinTreasuries.NET)

Saturn: Purchased 150,000 Shares of STRC Worth $15 Million Within 6 Days of Launch

Odaily News Saturn, the on-chain yield stablecoin issuer backed by Strategy's Stretch STRC, announced that it has purchased 150,000 shares of STRC within 6 days since its launch, valued at $15 million. (BitcoinTreasuries.NET)

Related news

Saturn Announces Using Proprietary Funds to Participate in Strive SATS Preferred Stock IPO

DeFi digital credit protocol Saturn co-founder Ellis Osborn tweeted that Saturn has utilized its own treasury funds to participate in the initial public offering (IPO) of SATS under Strive. SATS is a cumulative fixed-rate perpetual preferred share, junior to SATA and senior to ASST in repayment priority, with a 15% annualized dividend yield distributed on each business day. Saturn stated that this instrument represents a major advancement in the digital credit sector, and the team is exploring offering such products to its global investor base.

Ledger: Has coordinated with MediaMarkt Saturn to suspend hardware wallet sales

Odaily reports: Hardware wallet manufacturer Ledger posted on X platform stating that it has coordinated with German electronics retailer MediaMarktSaturn Retail Group to suspend sales of Ledger devices in its stores and online channels starting October 13, in order to investigate a device tampering incident previously reported by a German user.Ledger stated that no user fund losses have been found resulting from this incident, and there is no evidence that Ledger's infrastructure, systems, or services have been compromised. The company's customer service team is reviewing user feedback, and its cybersecurity team Donjon will conduct further inspection of suspicious devices received.Ledger also stated that some related claims and loss data circulating online have not been verified, and users should only obtain follow-up information through official Ledger and MediaMarkt Saturn channels. Previously, the market had reported that some Ledger devices were suspected of supply chain tampering, which raised concerns about hardware wallet security.

PYUSDx Has Processed Over $100 Million in Transaction Volume, Enabling Enterprises to Create Branded Stablecoins Within Days

Odaily News: Payment company PayPal, along with stablecoin infrastructure project M0 and crypto payment platform MoonPay, has launched PYUSDx, enabling enterprises to create stablecoin-based products within days. The platform has processed over $100 million in transaction volume, with Saturn, Concrete, and Cap having already used the technology to launch products.M0 co-founder and CEO Luca Prosperi stated that PYUSDx leaves the product layer to developers to build, allowing different enterprises to develop different products based on the same technology. USD.AI and Fairblock were also listed as related projects.May Zabaneh, Senior Vice President and General Manager of PayPal's crypto business, said the stablecoin market is rapidly maturing. On September 10, the total market cap of stablecoins was approximately $305.25 billion, with USDT accounting for 60.07%; PYUSD's market cap was approximately $2.814 billion, ranking eighth. Enterprises can issue branded digital dollars backed by PYUSD, set corresponding rules, and redeem back to PYUSD when necessary. (Bitcoin.com News)

Cian’s product Bondify has officially launched, with initial support for migrating sUSDat/AUSD Morpho positions.

According to official announcements, Bondify—the RWA liquidity protocol under the CIAN ecosystem—has officially launched (Bondify.xyz). Bondify is positioned as structured-product infrastructure for RWAs and yield-generating on-chain assets, aiming to transform inherently illiquid and hard-to-trade leveraged loop positions into portable, priceable, and tradable on-chain yield and position instruments. At launch, Bondify will initially support the native loop-position migration of Saturn sUSDat/AUSD on Morpho. For users who have already established loop positions on Morpho, migrating to Bondify enables them to sell future yield or points exposure from their positions ahead of time via Yield Tokens (YTs), thereby locking in part of their value upfront while retaining their original risk exposure. For users bullish on Saturn/STRC points or yield expectations but unwilling to set up full loop positions themselves, purchasing YTs allows them to gain yield/points exposure over a defined period with minimal capital outlay. Additionally, Bondify provides standardized loop-position representation and secondary-market trading capabilities, offering existing loopers more flexible options for position transfer and exit.

Saturn: Blacklisted Squid Hacker Address and Froze Stolen Funds

the Saturn Foundation officially posted on X, stating that it has blacklisted addresses related to the Squid hacker incident and frozen the stolen funds. Affected users can submit tickets on Saturn's official Discord server.None of Saturn's contracts or infrastructure were affected by this incident.

Saturn spends $17 million to increase STRC position, total holdings rise to approximately $50 million

Saturn, a developer of on-chain yield stablecoins, announced it has purchased approximately $17 million worth of shares related to STRC, Strategy's perpetual preferred stock, over the past three days. Its total holdings have now increased to about $50 million. Analysts believe that Saturn's continued accumulation reflects long-term confidence in STRC's asset structure and yield mechanism, further strengthening its asset allocation within the on-chain yield stablecoin strategy.