Galaxy Adds $100M in sUSDS and Approves It as Loan Collateral
The allocation gives the Galaxy-Sky partnership a balance-sheet footprint, but disclosed client borrowing will determine whether sUSDS gains traction beyond Galaxy's own treasury.
Every Zipp story tagged #SkyProtocol, newest first.
The allocation gives the Galaxy-Sky partnership a balance-sheet footprint, but disclosed client borrowing will determine whether sUSDS gains traction beyond Galaxy's own treasury.
The move plugs yield-bearing stablecoin collateral into a $1.4B loan book serving 1,600+ counterparties, a structural upgrade that could set a template for how institutional desks treat DeFi-native…
The headline is the run rate, but the more interesting beat is the fixed-yield layer sUSDS now sits in: a Pendle vault clearing $44M in TVL in its first month changes who can underwrite Sky's…