#USDS supply breaks 1.5 billion#
Hot Topic Overview
Overview
USDS supply has surpassed 1.5 billion, according to Sky (formerly MakerDAO) on the X platform, due to the stable savings rate of 12.5%. This means that the supply of USDS is steadily increasing and has now exceeded $1.5 billion.
Ace Hot Topic Analysis
Analysis
USDS surpassing 15 billion in supply is a significant milestone, indicating its growing popularity as a stablecoin. According to Sky (formerly MakerDAO) on the X platform, the USDS supply has crossed the 15 billion mark. This growth is primarily attributed to the Sky Savings rate remaining stable at 12.5%, signifying high user confidence and trust in USDS, making it a preferred savings tool. The increase in USDS supply also reflects the overall flourishing of the stablecoin market and the growing interest of users in decentralized finance (DeFi).
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
USDS supply has surpassed 1.5 billion
Sky (formerly MakerDAO) revealed this news on X platform
The surge in USDS supply is due to the Sky savings rate remaining stable at 12.5%
USDS supply exceeding 1.5 billion could have an impact on the stablecoin market