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First gold.
Then sovereign.
Now Bitcoin — a new chapter for digital credit.
Bitcoin’s Next Transformation is Digital Credit
Process
How it works
For Liquidity
A stablecoin backed by PayPal USD through PYUSDx.
Access digital credit onchain. Eligibility, availability and processing times vary by route.
For Digital Credit
The staked version of USDat: vault shares with exposure to Strategy’s STRC preferred stock through Ondo STRCon.
Reinvested dividends contribute to sUSDat’s share value.
24/7
Onchain access
$100M+
STRC average daily volume (30D)
$8.5 BN
STRC market capitalization
Source: Strategy STRC Metrics, retrieved October 21, 2026. Figures change over time.
Backed By the Best
Learn
Understand Digital Credit
FAQ
Frequently Asked Questions
Is sUSDat backed by Bitcoin?
For sUSDat, the underlying exposure is Strategy’s STRC preferred stock through Ondo STRCon. Strategy holds Bitcoin, but STRC is not collateralized by those holdings. Dividends, investment returns and exit liquidity are not guaranteed. See Strategy’s current disclosures for the security’s terms.