MakerDAO Introduces New Stablecoin

On September 18, MakerDAO introduced a new stablecoin, USDS, along with the Sky governance token. This move comes at a critical time for MakerDAO, as it seeks to regain investor confidence after recent challenges. The stablecoin is expected to bring more stability to the platform, while the Sky governance token will give users a more active role in the network’s decision-making processes. These innovations aim to strengthen MakerDAO’s position in the market and attract new users​
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