Sky’s USDS stablecoin has officially crossed the $10 billion supply mark, solidifying its position as a rapidly growing asset in the decentralized finance sector.

The milestone, confirmed today by on-chain data and the project’s official channels, comes just over a year after Sky — the rebranded evolution of the pioneering MakerDAO protocol — fully rolled out USDS as its flagship dollar-pegged token. According to the Sky Frontier Foundation (SFF), USDS experienced a staggering 74% growth rate throughout 2025, significantly outperforming the broader stablecoin market, which expanded by 50% over the same period.

USDS was built for the next era of DeFi: fully collateralized, redeemable 1:1 for USDC, and deeply integrated with Sky’s upgraded savings and lending infrastructure.

The explosive growth reflects broader trends in decentralized finance. While dominant stablecoins such as USDT and USDC continued to lead the pack in absolute terms, USDS distinguished itself through its native integration within the Sky ecosystem. Users can seamlessly earn competitive yields via sUSDS, participate in governance through the new SKY token, and access borrowing and lending protocols without leaving the platform, features that have driven organic adoption among both retail and institutional participants.