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.
The United States Dollar (USD) is the official currency of the United States and one of the most widely used fiat currencies in the world. Issued by the Federal Reserve, the USD serves as the global reserve currency, playing a key role in international trade, finance, and investment. Known for its stability and liquidity, the US Dollar is commonly used as a benchmark for valuing other assets, including cryptocurrencies. In the crypto space, USD is often represented through stablecoins like USDT, USDC, and DAI, which maintain a 1:1 peg to the dollar, enabling seamless digital transactions and reducing volatility.
The USDS to USD conversion rate is the amount of USD you can receive for each unit of USDS.
Based on the current rate, you could buy 1 USDS for 1 USD.
The price of USDS decreased by 0.00% in the last 7 days.
The circulating supply of USDS is 9,963,570,173.
USDS's all-time high is $1.15.