#USDS supply breaks 1.5 billion#

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Overview

USDS supply has surpassed 1.5 billion, as revealed by Sky (formerly MakerDAO) on the X platform. This growth is primarily attributed to Sky's stable savings rate of 12.5%, leading to a surge in the US dollar supply. Currently, the USDS supply has exceeded $1.5 billion.

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Analysis

USDS supply has surpassed 1.5 billion, as revealed by Sky (formerly MakerDAO) on the X platform. This growth is primarily attributed to Sky's stable savings rate of 12.5%, leading to a surge in the dollar supply. As a stablecoin, USDS exceeding 1.5 billion in supply signifies its growing recognition and usage in the market. This growth also reflects the increasing demand for stablecoins and the rising interest in decentralized finance (DeFi).

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USDS supply has surpassed 1.5 billion

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Sky savings rate remains stable at 12.5%

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US dollar supply surges

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USDS supply growth may be related to the stability of Sky savings rate

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