Sky, formerly known as Maker, has just launched its USDS stablecoin on the Solana blockchain. ๐ŸŽ‰

- USDS is the first major DeFi stablecoin on Solana, opening up new opportunities for lending and trading on Solanaโ€™s leading DeFi platform.

- Sky plans to increase Solanaโ€™s DeFi liquidity and Total Value Locked (TVL). SkyLink will eventually strengthen cross-chain support for USDS.

- USDSโ€™ integration on Solana is powered by Wormholeโ€™s Native Token Transfer (NTT), making it multichain without wrapped tokens.

- Sky is rewarding early adopters on Solanaโ€™s DeFi platforms, including Kamino Finance and Drift Protocol.

Curious about the future of USDS on Solana? Letโ€™s discuss in the comments!