Sky Ecosystem boosts USDS supply above $10B after $237M increase

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The USDS stablecoin supply from the Sky ecosystem (formerly MakerDAO) crossed $10 billion after a $237 million increase in 24 hours. Sky Agents have deployed over $5.5 billion into institutional strategies in partnership with BlackRock, Janus Henderson, and PayPal. The protocol is overcollateralized with total collateral estimated between $10 billion and $13 billion. Quarterly gross revenues consistently exceed $100 million and cumulative yield distributions through sUSDS have surpassed $250 million.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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