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Tag: #higher · 1 posts
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Posted Apr 9
🚀 Sky to Repackage Assets Backing USDS and DAI Following Credit Rating Sky is set to repackage the assets backing its USDS and DAI stablecoins after receiving a B- credit rating from S&P Global Ratings in August. According to NS3.AI, Sam MacPherson, a representative from Sky, announced plans to introduce a junior risk capital vault, expected in the second quarter, to segregate higher-risk yield exposure. Additionally, Sky has decreased its exposure to Ethena's USDe in an effort to enhance the protocol's appeal to institutional investors. #Sky#USDS#DAI#stablecoins#creditrating#S&P #NS3AI#SamMacPherson#juniorriskcapitalvault#higher-riskyield #Ethena#USDe#institutionalinvestors
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