Sky, formerly known as Maker, has just launched its USDS stablecoin on the Solana blockchain. ๐
- USDS is the first major DeFi stablecoin on Solana, opening up new opportunities for lending and trading on Solanaโs leading DeFi platform.
- Sky plans to increase Solanaโs DeFi liquidity and Total Value Locked (TVL). SkyLink will eventually strengthen cross-chain support for USDS.
- USDSโ integration on Solana is powered by Wormholeโs Native Token Transfer (NTT), making it multichain without wrapped tokens.
- Sky is rewarding early adopters on Solanaโs DeFi platforms, including Kamino Finance and Drift Protocol.
Curious about the future of USDS on Solana? Letโs discuss in the comments!