EconomySky’s $4.4 billion liquidity disclosure shows why USDS cash-outs need a separate bank route
Sky.money said its Peg Stability Module held more than $4.4 billion in stablecoin liquidity in an Oct. 9 explanation, enabling direct, one-for-one conversion between USDS and USDC. That aggregate figure is not the same as USDC inventory available for an exit, nor does it establish a matching inflow of bank dollars. Sky also reported about $1.6 billion in cumulative USDC–USDS volume through Uniswap routing by Oct. 6, a measure that does not show net issuance or new dollar deposits.
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CryptoSlate★★☆☆☆2026-10-13 13:00Original
Sky’s $4.4 billion liquidity disclosure shows why USDS cash-outs need a separate bank route
Economy