You are currently viewing Juiced USDS Yields Woo Solana Traders to Sky’s Stablecoin

Solana traders are quickly embracing the newest stablecoin to join their decentralized finance (DeFi) fray: USDS, issued by Sky (formerly MakerDAO).

Less than a day into launch, USDS’s circulating supply on Solana has already surpassed $89 million. Such launch day largesse puts the coin formerly known as DAI well ahead of the other recent entrant, PayPal’s PYUSD, as Solana’s fastest-growing stablecoin out of the gate.

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Keep reading this article on Coinbase.com.

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