#USDS supply breaks 1.5 billion#
Hot Topic Overview
Overview
USDS supply has surpassed 1.5 billion, driven primarily by a stable Sky savings rate of 12.5%. According to Sky (formerly MakerDAO) on the X platform, the USDS supply has crossed 1.5 billion, signifying that the dollar supply has exceeded $1.5 billion.
Ace Hot Topic Analysis
Analysis
USDS supply has surpassed 1.5 billion, driven primarily by a stable savings rate of 12.5%. This indicates a steady increase in user deposits on the Sky platform, fueling the growth of USDS supply. Sky (formerly MakerDAO) announced on X that USDS supply has crossed the 1.5 billion mark. This news signifies growing user trust and adoption of the Sky platform, reflecting the popularity of the stablecoin USDS in the market.
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Public Sentiment
Discussion Word Cloud
Classic Views
USDS supply surpasses 1.5 billion, a new all-time high.
Sky (formerly MakerDAO) revealed this news on X platform.
The surge in USDS supply is attributed to the stable Sky savings rate at 12.5%.
The increase in USDS supply could have an impact on the stablecoin market.