The upgraded stablecoin of the Sky Ecosystem (previously MakerDAO) is USDS.
USDS can be upgraded from DAI or converted from USDC at a 1:1 ratio, on Sky.money and other frontends. USDS can also be converted back to DAI. Upgrading is optional.
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The Canadian Dollar (CAD) is the official currency of Canada, issued by the Bank of Canada (BoC). As a commodity-driven currency, CAD is influenced by oil and natural resource exports. The CAD is frequently used in North American crypto markets, with CAD-backed stablecoins offering a way to transact digitally in Canadian dollars.