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usds

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Sky Protocol (ex-MakerDAO) logo — USDS $9.7B, sUSDS $4.73B at 3.52% APY, RWA ~22% via Monetalis/BlockTower/Centrifuge, first DeFi savings with S&P credit rating
Ecosystem

DAI, MakerDAO, Sky — The Endgame of the Decentralized Stablecoin

MakerDAO's 7-year journey culminates in Sky's Endgame pivot. USDS overtakes DAI at $9.7B, sUSDS captures yield leadership at $4.73B and 3.52% APY, RWA collateral ~22% via Monetalis/BlockTower/Centrifuge. First DeFi savings with S&P credit rating. Phases 1-4 advanced, Phase 5 NewChain pending.
16 Aug 2026 26 min read
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