Sky Protocol's USDS Supply Surpasses $10 Billion Milestone
The Sky Protocol's USDS stablecoin supply has exceeded $10 billion following a $237 million increase within 24 hours. Sky Agents have deployed over $5.5 billion into institutional strategies through partnerships with firms including BlackRock, Janus Henderson, and PayPal. The protocol maintains total collateral between $10 billion and $13 billion, with cumulative yield distributions through sUSDS exceeding $250 million. The growth indicates an accelerating migration from legacy DAI to USDS.
Summaries are written by AI from the original article. Not investment advice.