Sky Protocol Launches USDS Stablecoin on Solana, Boosting DeFi Ecosystem

Sky, a decentralized finance (DeFi) lending and borrowing protocol formerly known as Maker, has officially launched its USDS stablecoin on the Solana blockchain. The implementation of USDS on Solana is made possible through Wormhole’s Native Token Transfer, which allows the stablecoin to operate as a natively multichain asset, available on both Solana and Ethereum. Sky, [...]