Tagged: USDS

Galaxy Digital Adds $100M of Sky’s sUSDS to Treasury and Opens It as Institutional Collateral

Galaxy Digital (NASDAQ: GLXY) has placed $100 million of Sky Protocol’s yield-bearing savings token, sUSDS, onto its corporate balance sheet and opened the asset as eligible collateral across its institutional trading and lending platform. The allocation was funded from Galaxy’s own cash and stablecoin reserves,… Read More

BitGo Unveils 1-1 USD-Backed USDS Stablecoin

This week, BitGo, a digital asset custodian, launched USDS: The USD Standard, a 1:1 USD-backed stablecoin it hopes will transform the digital asset landscape by prioritizing fairness, transparency, and market neutrality. BitGo said USDS is designed to challenge the existing stablecoin market dynamics, specifically targeting… Read More

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