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.
Source: Read the original article

