Ethena’s USDe beats DAI to become 3rd-largest stablecoin
[Dec 12 6:56 PM] The CeDeFi stablecoin has attracted billions of inflows due to double-digit staking yields.
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Ethereum reclaims USDT dominance against Tron after 2 years
[Nov 26 12:10 AM] Ethereum reclaimed the top position against Tron on Nov. 21, and the gap has only widened since.
Sky, formerly Maker, launches USDS stablecoin on Solana
[Nov 20 5:34 AM] Sky is offering $500,000 in USDS rewards for early adopters and stablecoin liquidity providers.
Sky co-founder proposes no new emissions for core token
[Nov 4 1:47 PM] Rune Christensen proposed a deflationary model for Sky, halting token emissions and aligning with MakerDAO’s original supply reduction vision.
Sky’s Rune Christensen Reveals Star Allocation Proposal—and Possibly a Return to the Old Maker Name
[Oct 22 6:37 PM] Rune Christensen, founder of Makerdao, has outlined a comprehensive plan for the future of the decentralized finance (defi) ecosystem, highlighting the success of the USDS stablecoin and introducing the Star Allocation System Framework. A key…
Sky: Community to consider another rebrand, back to Maker
[Oct 22 5:34 AM] Maker rebranded to Sky just two months ago as part of an overhaul, but there has been resistance.
USDS and RLUSD Stablecoins See Uptick in Supply Amid Broader Stablecoin Growth
[Oct 15 2:05 PM] The latest data highlights that the stablecoin market currently sits at $173 billion, with two recently introduced U.S. dollar-backed stablecoins showing significant growth. The decentralized finance (defi) project Sky, previously known as…
Sky Reports Over 1 Billion USDS Minted Since August Rebrand
[Oct 5 6:50 PM] It’s been approximately 38 days since Makerdao, the decentralized finance (defi) project, rebranded as Sky and launched both the USDS stablecoin and the SKY token. During this time, more than a billion USDS coins have been minted, and 530 million…
Bitgo to Launch USDS Stablecoin in January 2025
[Sep 18 4:12 PM] Bitgo plans to launch its new stablecoin, USDS, in January 2025, offering a unique model that rewards liquidity providers. The announcement was made by Bitgo CEO Mike Belshe during an interview with Coindesk at the Token2049 event in Singapore. The…
Goldman Sachs-backed BitGo introduces USDS rewarding stablecoin
[Sep 18 10:56 AM] BitGo’s USDS stablecoin will challenge major issuers like Circle and Tether, aiming to distribute up to 98% of earnings to network supporters.
Maker, now Sky’s, stablecoin freeze process could be decided by decentralized court
[Sep 4 6:16 AM] A “decentralized governance” body could decide the fate of frozen USDS if the stablecoin goes ahead with a freeze feature, says Sky co-founder Rune Christensen.
Aave, Sky float partnership to bridge DeFi, TradFi
[Sep 3 3:34 PM] The plan would create markets for DAI-replacement USDS on Aave.
Maker, now Sky’s, new stablecoin lashed over ‘freeze function’
[Aug 28 5:55 AM] The new USDS stablecoin from Maker, now Sky, has a freeze function which the project's founder claims won't be part of the token at launch.
Defi Giant Makerdao Rebrands as Sky, Introduces USDS Stablecoin and SKY Token
[Aug 27 3:10 PM] The decentralized finance (defi) lending platform Makerdao is embracing a new identity, rebranding as Sky, according to co-founder Rune Christensen. Along with the fresh name, the platform will introduce two new assets: a stablecoin dubbed USDS and…
Maker DeFi lending protocol rebrands to Sky ahead of USDS stablecoin launch
[Aug 27 12:00 PM] Maker is also rebranding the world’s largest decentralized stablecoin ahead of the launch of its governance token, SKY.