Sky Dollar

24h change: -0.03%. From $0.9998 to $0.9995.

• The stablecoin market capitalization surpassed $313 billion driven by institutional trust and regulatory clarity. Sky's USDS led weekly gains based on DefiLlama metrics. This growth highlights expanding DeFi utility for dollar-pegged tokens.
• Sky Frontier Foundation estimates $611 million in gross protocol revenue for 2026, an 81% increase from prior year. Projections include a $21 billion USDS supply target. These figures underpin sustainable yields via diversified asset allocation.
• USDS stablecoin rose 17% on Upbit after KRW and USDT market launches. The listing expands access in South Korea, a key market. Sky Protocol gains from increased trading liquidity.

24h change: +0.07%. From $0.9993 to $1.00.

• South Korea's largest cryptocurrency exchange Upbit announced the listing of Sky Protocol's SKY governance token and USDS stablecoin, supporting KRW and USDT trading pairs. This move provides Korean traders greater access to the Sky ecosystem and could enhance USDS liquidity. The listing aligns with recent supply growth and ecosystem expansions.
• Sky-backed Obex has started allocating $1 billion worth of USDS into tokenized real-world assets such as credit, housing, energy, and AI hardware. This deployment aims to generate yield for the stablecoin by connecting it to productive off-chain opportunities. Sky's community has approved up to $2.5 billion for such incubated projects.
• USDS circulation has surged past $8.5 billion, contributing to the stablecoin market topping $313 billion. Recent 24-hour supply increase of over $174 million highlights strong demand. Sky's yield-bearing sUSDS has become the largest in its category with billions in TVL.

24h change: -0.01%. From $0.9996 to $0.9996.

• Sky's USDS stablecoin has shown strong supply growth, surpassing other stablecoins with weekly gains of 8.5 percent as the total stablecoin market exceeds $313 billion. This positions USDS third in market value at around $7.5 billion in early March reports, though current figures reach $11.7 billion. The growth underscores increasing adoption in DeFi and tokenized assets.
• Obex, backed by Framework Ventures, started deploying $1 billion on March 25 to connect Sky's USDS with revenues from tokenized credit, housing, energy, and AI assets. This expands USDS utility in real-world asset tokenization. It supports Sky's goal to grow USDS supply to $20 billion by year-end.
• Sky governance voted to slash buybacks by 87 percent on March 13 to boost stablecoin reserves amid geopolitical tensions. This precautionary measure aims to enhance USDS backing. It follows earlier votes tightening supply and cutting emissions.

24h change: +0.00%. From $0.9997 to $0.9997.

• Sky's incubator Obex is allocating up to $1 billion in USDS across eight projects spanning structured credit, fintech lending, AI infrastructure, and energy finance. This deployment brings real-world yield opportunities onchain through partners like Maple and Centrifuge. The move highlights expanding institutional use of USDS in DeFi ecosystems.
• The total stablecoin market capitalization has reached a record $312.4 billion. USDS from Sky has seen significant growth, capturing a larger market share. This expansion signals rising demand for stable value in cryptocurrency trading and DeFi.
• Sky has voted to cut its buyback program substantially to increase stablecoin reserves. The decision responds to geopolitical uncertainties like ongoing wars. This adjustment prioritizes USDS stability and protocol resilience.

24h change: -0.01%. From $0.9998 to $0.9997.

• Obex, an incubator backed by Framework Ventures and Sky, started deploying $1 billion from Sky's USDS reserves into eight projects. These projects focus on areas such as structured credit with Maple, AI infrastructure with , energy with Daylight, and mortgages with Better. The move connects USDS to yields from productive real-world sectors to support stablecoin expansion and reduce reliance on circular DeFi yields.