# Piotr Saczuk

> Piotr Saczuk is a digital-asset professional known for work in investment, asset management, and blockchain infrastructure; he founded Osero and Stablewatch and contributes significant insights to blockchain finance and risk management.

- Canonical URL: https://iq.wiki/wiki/piotr-saczuk
- Categories: People in crypto
- Tags: Ethereum, Developer, Founder, Investor, Speaker
- Created: 2026-08-25T16:44:34.761Z
- Last updated: 2026-08-25T17:00:38.961Z
- Source: IQ.wiki — the world's largest blockchain and crypto encyclopedia (https://iq.wiki)

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**Piotr Saczuk** is a [digital-asset](https://iq.wiki/wiki/digital-assets) and financial-services professional whose career has spanned investment, asset management, and [blockchain](https://iq.wiki/wiki/blockchain) infrastructure. He is the founder of [Osero](https://iq.wiki/wiki/osero) and founder and CEO of Stablewatch, with previous experience in investments at [Aleph Zero](https://iq.wiki/wiki/aleph-zero) and [blockchain](https://iq.wiki/wiki/blockchain)-focused venture work at soonami.io. [\[5\]](#cite-id-rgMQbyDGMpJR6mYP) 

## Education

Saczuk graduated from Universidade do Porto with a Bachelor’s in Sports Studies in 2020. He then attended Iniwersytet WSB Merito Poznan, where he earned his Master’s in Project Management in 2022. In 2023, Saczuk received a Postgraduate Degree in Blockchain Studies from SGH Warsaw School of Economics. [\[2\]](#cite-id-OaonCg0JCRvSMehb) 

## Career

Saczuk began his career at BNY Mellon, where he served as a Trustee and Depositary Representative from April to November 2021 in Wrocław, Poland. He then joined Finoa as an Analyst from December 2021 to May 2022 in Berlin, working in the digital-asset financial services sector. From June 2022 to August 2023, he was an Associate at soonami.io GmbH in Berlin, where his work focused on blockchain and venture-related activities. From August 2023 to December 2024, Saczuk served as Head of Investments at [Aleph Zero](https://iq.wiki/wiki/aleph-zero) in Berlin, overseeing investment-related activities for the [blockchain](https://iq.wiki/wiki/blockchain) project. In March 2025, he became Founder and CEO of Stablewatch, a [stablecoin](https://iq.wiki/wiki/stablecoin) yield intelligence platform. He subsequently founded [Osero](https://iq.wiki/wiki/osero) in November 2025, where he leads the project focused on [stablecoin](https://iq.wiki/wiki/stablecoin) yield infrastructure and savings products. [\[3\]](#cite-id-BB3tfBULy6NYQtn9) 

## Interviews

### Osero Funding

In a May 2026 interview on Stabledash, Saczuk discussed Stablewatch’s evolution from a research and data platform into a risk advisory business and its subsequent involvement in the [Sky](https://iq.wiki/wiki/skymoney) Ecosystem. He described the development of risk models such as Stable Sim and Stablewatch’s contribution to [Sky's](https://iq.wiki/wiki/skymoney) risk framework, which incorporates principles drawn from Basel III. Saczuk also discussed [Osero](https://iq.wiki/wiki/osero), which Stablewatch incubated as a [Sky](https://iq.wiki/wiki/skymoney) ecosystem project, and its role in managing and diversifying a large on-chain balance sheet across [stablecoins](https://iq.wiki/wiki/stablecoin), [real-world assets](https://iq.wiki/wiki/real-world-assets-rwas), private credit, and other sources of exposure. Saczuk explained that [Osero](https://iq.wiki/wiki/osero) operates through both a retail application offering [stablecoin](https://iq.wiki/wiki/stablecoin) savings products and embedded infrastructure that allows other platforms to integrate yield products. He said [Osero’s](https://iq.wiki/wiki/osero) strategy includes seeking additional, less-correlated assets to reduce concentration risk, while Stablewatch plans to expand its coverage of yield-bearing assets and produce research on their underlying risks and sources of return. The discussion also emphasized transparency in assessing [DeFi](https://iq.wiki/wiki/defi) products and the broader transition of traditional financial assets and services onto [blockchain](https://iq.wiki/wiki/blockchain) infrastructure. [\[4\]](#cite-id-OFD0CLTgaLiSKYHM) 

[YOUTUBE@VID](KCgI-BopACI)

## Presentations

### sUSDS

In a June 2026 episode of Where Yield Comes From – Season 1, Saczuk explained how [sUSDS](https://iq.wiki/wiki/susds-susds) generates yield through the [Sky Protocol](https://iq.wiki/wiki/skymoney) ecosystem. He described the process by which [USDC](https://iq.wiki/wiki/usdc) and [USDS](https://iq.wiki/wiki/usds) enter the Peg Stability Module and are converted into [sUSDS](https://iq.wiki/wiki/susds-susds), after which capital is allocated across assets including U.S. Treasury bills, [BTC](https://iq.wiki/wiki/bitcoin-btc) and [ETH](https://iq.wiki/wiki/ether-eth) exposure, OTC lending, and AAA-rated corporate debt. Saczuk also outlined the protocol’s risk structure, which distributes potential losses across junior capital provided by ecosystem [Agents](https://iq.wiki/wiki/ai-agents), a stability buffer, and senior capital from [Sky](https://iq.wiki/wiki/skymoney) before losses could reach [USDS](https://iq.wiki/wiki/usds) holders. Saczuk also discussed the liquidity, security, and transparency supporting the system, noting the availability of billions of dollars in immediately accessible or rapidly liquidatable assets. He described [Sky’s](https://iq.wiki/wiki/skymoney) development from early e-dollar concepts through its decentralized infrastructure and the transition from [MakerDAO](https://iq.wiki/wiki/makerdao) to the [Sky](https://iq.wiki/wiki/skymoney) brand, while highlighting the protocol’s audit history and publicly available data. The presentation characterized the underlying assets as relatively short-duration and liquid, with extensive information available for evaluating the sources of yield and associated risks. [\[7\]](#cite-id-FwdA8QaLtt1WJn8s) 

[YOUTUBE@VID](GS1rRBAugA8)

### Yield Tokens

At the Stable Summit in March 2026, Saczuk discussed the development of yield-bearing [stablecoins](https://iq.wiki/wiki/stablecoin) and the rapid expansion of the market, including the shift from traditional [stablecoins](https://iq.wiki/wiki/stablecoin) toward products incorporating tokenized strategies. He described Stablewatch’s role in providing research and risk-management models, including FRTB and Monte Carlo analysis, and examined how regulatory changes and increasing competition affected major [stablecoin](https://iq.wiki/wiki/stablecoin) yield strategies. Saczuk highlighted [Sky Protocol’s](https://iq.wiki/wiki/skymoney) diversified approach, while noting that once-popular delta-neutral strategies had become less differentiated as more market participants adopted similar models. Saczuk also focused on risks exposed by failures and market disruptions, including [smart-contract](https://iq.wiki/wiki/smart-contract) issues, asset concentration, security breaches, insufficient monitoring of off-chain assets, and vulnerabilities in [crypto](https://iq.wiki/wiki/cryptocurrency) lending markets. He cited a $2.5 billion outflow from yield products during one week in November as an example of the scale of market stress and argued that greater transparency, research, and ongoing risk monitoring were needed across the sector. He concluded by discussing Stablewatch’s partnership with [Sky](https://iq.wiki/wiki/skymoney) as an ecosystem agent and the role of improved risk-management infrastructure in supporting the continued development of [stablecoin](https://iq.wiki/wiki/stablecoin) yield markets. [\[6\]](#cite-id-do70qa20kiNo5q98) 

[YOUTUBE@VID](l0tsnNK5orY)