USDS

USDS • Decentralized stablecoin by Sky Protocol (formerly MakerDAO)

Crypto Backed
$0.9998
-0.01% (24h)

Market Statistics

Current Price
$0.999776
Market Cap
$11.5B
24h Volume
$22.3M
24h Change
-0.01%
Data from CoinGecko • Refreshes on page load
Quick Facts
Backing:
Overcollateralized crypto + RWA
Issuer:
Sky Protocol

About USDS (USDS)

Decentralized stablecoin by Sky Protocol (formerly MakerDAO)

USDS is a crypto-backed stablecoin, maintaining its peg through overcollateralization with cryptocurrency assets. This decentralized approach offers transparency and censorship resistance while maintaining dollar stability.

Key Features

  • Stability Mechanism: Overcollateralized crypto + RWA
  • Regulatory Status: Varies by jurisdiction
  • Use Cases: Trading, DeFi, payments, remittances
  • Network: Multi-chain support (Ethereum, BSC, others)

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Crypto Backed