USDS

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)