News with the tag "USDS"

Dune analytics firm and Artemis have released a collaborative analysis that provides a comprehensive overview of the stablecoin market from February 2024 to February 2025. Dune said it excluded March 2025 to ensure accuracy since the month’s complete data was not yet available at the time of publica...

USDC’s market cap has reached $56 billion, marking a new all-time high for the stablecoin. With the milestone, Circle’s USD-pegged stablecoin continues the positive momentum that has seen its supply increase by 100% year over year. According to data from Defillama , the milestone follows a 23% growt...

The Sky ecosystem voted on altering the savings rate for USDS, as stablecoins increase their competition for predictable yield. The DeFi hub will change several parameters to boost Sky ecosystem adoption and reward all who swapped their MKR and DAI tokens. The DeFi lending ecosystem Sky, formerly Ma...

On-chain data shows a large amount of new addresses have popped up on the Ethereum network recently, a sign that ETH adoption is occurring. Ethereum Network Growth Registered A Sharp Spike Recently In a new post on X, the on-chain analytics firm Santiment has discussed about the latest trend in the ...

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 U...

Sky Protocol, formerly Maker, keeps expanding the supply of USDS, reflecting the growing demand for passive yield. The protocol retains some of the legacy DAI supply, which is also actively used in decentralized trades and lending. The stablecoin of Sky protocol, USDS, reached a new supply peak abov...

The CeDeFi stablecoin has attracted billions of inflows due to double-digit staking yields.

Ethereum reclaimed the top position against Tron on Nov. 21, and the gap has only widened since.

Ethereum's ERC-20 version of Tether (USDC) is still the most widely used for CEX trading, DeFi and settlements. Ethereum still carries the majority of stablecoins.

Sky is offering $500,000 in USDS rewards for early adopters and stablecoin liquidity providers.