USDS

USDS • Decentralized stablecoin by Sky Protocol (formerly MakerDAO)

Crypto Backed

$1.0000

+0.01% (24h)

Market Statistics

Current Price

$1.000000

Market Cap

$9.7B

24h Volume

$71.7M

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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Decentralized ETH-collateralized stablecoin

Crypto Backed