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Stablecoin Market Heats up as USDS and USDe Supplies Spike Nearly 25%
26.7.2025
Seven days ago, the stablecoin economy broke past the $260 billion mark — and it’s been climbing ever since. Over the past week alone, the sector added nearly $5 billion, with close to $2 billion of that coming from freshly minted tether ( USDT). Billions Minted, Rankings Bolstered—Stablecoins...
DeFi Savings Protocol Sky Slumps to $5M Loss as USDS Interest Payments Wipe Out Profit
13.5.2025
The first-quarter loss is a stark turnaround from the previous quarter, when Sky registered a $31 million profit
Stablecoin Sprint: USDS Rockets 63%, PYUSD Skyward 49% in 30-Day Supply Climb
1.3.2025
Over the past 30 days, data reveals the stablecoin market added $7.719 billion to its valuation in February, marking a steady yet significant expansion. Dominating this growth was USDS, which saw its circulating supply leap by 63.68% from the month’s inception—a figure eclipsing...
Sky’s Stablecoin USDS Climbs to $2 Billion Circulation in Breakout Month
19.1.2025
As of this week, Sky, the decentralized finance (defi) initiative previously recognized as Makerdao, has witnessed its newly launched stablecoin, USDS, exceed the $2 billion threshold. Among the top ten stablecoins, it experienced the most significant expansion in supply over the past month. Sky’s...
Sky’s USDS Surpasses 1.5B in Total Supply as Demand Grows
3.1.2025
In the latest announcement, Sky Ecosystem (Formerly known as MakerDAO) unveiled that the total supply of its newly…
Ethena’s USDe beats DAI to become 3rd-largest stablecoin
12.12.2024
The CeDeFi stablecoin has attracted billions of inflows due to double-digit staking yields
Ethena’s USDe beats DAI to become 3rd-largest stablecoin
12.12.2024
The CeDeFi stablecoin has attracted billions of inflows due to double-digit staking yields
Ethereum reclaims USDT dominance against Tron after 2 years
26.11.2024
Ethereum reclaimed the top position against Tron on Nov. 21, and the gap has only widened since.
Juiced USDS Yields Woo Solana Traders to Sky's Stablecoin
20.11.2024
Solana traders are quickly embracing the newest stablecoin to join their decentralized finance (DeFi) fray: USDS, issued by Sky (formerly MakerDAO)
Sky, formerly Maker, launches USDS stablecoin on Solana
20.11.2024
Sky is offering $500,000 in USDS rewards for early adopters and stablecoin liquidity providers
Sky co-founder proposes no new emissions for core token
4.11.2024
Rune Christensen proposed a deflationary model for Sky, halting token emissions and aligning with MakerDAO’s original supply reduction vision
Sky co-founder proposes no new emissions for core token
4.11.2024
Rune Christensen proposed a deflationary model for Sky, halting token emissions and aligning with MakerDAO’s original supply reduction vision
Sky’s Rune Christensen Reveals Star Allocation Proposal—and Possibly a Return to the Old Maker Name
22.10.2024
Rune Christensen, founder of Makerdao, has outlined a comprehensive plan for the future of the decentralized finance (defi) ecosystem, highlighting the success of the USDS stablecoin and introducing the Star Allocation System Framework. A key aspect of the plan includes a possible transition back...
Sky Endgame: Community to consider a rebrand back to Maker
22.10.2024
Maker rebranded to Sky just two months ago in August as part of its Endgame overhaul, but there has been some resistance.
USDS and RLUSD Stablecoins See Uptick in Supply Amid Broader Stablecoin Growth
15.10.2024
The latest data highlights that the stablecoin market currently sits at $173 billion, with two recently introduced U.S. dollar-backed stablecoins showing significant growth. The decentralized finance (defi) project Sky, previously known as Makerdao, has minted 1.11 billion USDS, adding...
Ethena Picks BlackRock's BUIDL, Mountain, Superstate and Sky's USDS for $46M Tokenized RWA Investment
10.10.2024
Ethena's $46 million allocation fits into the growing trend of DeFi platforms and protocol foundations investing in real-world asset-backed products to earn a yield without leaving blockchain rails
Sky Reports Over 1 Billion USDS Minted Since August Rebrand
5.10.2024
It’s been approximately 38 days since Makerdao, the decentralized finance (defi) project, rebranded as Sky and launched both the USDS stablecoin and the SKY token. During this time, more than a billion USDS coins have been minted, and 530 million DAI have been converted to the new standard....
Bitgo to Launch USDS Stablecoin in January 2025
18.9.2024
Bitgo plans to launch its new stablecoin, USDS, in January 2025, offering a unique model that rewards liquidity providers. The announcement was made by Bitgo CEO Mike Belshe during an interview with Coindesk at the Token2049 event in Singapore. The stablecoin will be backed by U.S. Treasury bills...
Goldman Sachs-backed BitGo introduces USDS rewarding stablecoin
18.9.2024
BitGo’s USDS stablecoin will challenge major issuers like Circle and Tether, aiming to distribute up to 98% of earnings to network supporters
Goldman Sachs-backed BitGo introduces USDS rewarding stablecoin
18.9.2024
BitGo’s USDS stablecoin will challenge major issuers like Circle and Tether, aiming to distribute up to 98% of earnings to network supporters