#USDS supply breaks 1.5 billion#

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Overview

USDS supply has surpassed 1.5 billion, as announced by MakerDAO founder Rune Christensen on the X platform. This milestone is primarily attributed to the Sky savings rate stabilizing at 12.5%, leading to a surge in the US dollar supply. USDS, as MakerDAO's stablecoin, sees its supply growth reflecting the increased trust and usage of the platform by users.

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Analysis

USDS supply has surpassed 1.5 billion, an event that has drawn market attention. According to Sky (formerly MakerDAO) on the X platform, the USDS supply has exceeded 1.5 billion. This growth is primarily attributed to the Sky Savings Rate remaining stable at 12.5%, indicating that users are depositing funds into USDS accounts and earning stable returns. This phenomenon suggests that USDS, as a stablecoin, is gaining increasing user recognition, and the growth in its supply reflects market confidence in USDS.

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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 is related to the stability of Sky savings rate

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