Gate News reports that on March 26, the cryptocurrency incubator Obex announced the deployment of $1 billion, connecting Sky Ecosystem’s USDS stablecoin with real-world asset (RWA) yields. The funds will focus on lending, energy, and AI asset sectors, including tokenized products such as AI data centers, housing, and energy infrastructure, aiming to provide USDS holders with sustainable returns beyond native crypto yields. As the third-largest stablecoin issuer globally, Sky has a USDS market cap of approximately $10 billion, generating about $43.5 million in annualized revenue in 2025. It plans to increase USDS supply to over $20 billion next year. Previously, Obex was authorized to invest up to $2.5 billion of Sky reserves into RWAs, with this $1 billion deployment being the first actual deployment. Partners include Maple, USD.ai, Daylight, Centrifuge, Securitize, River, TVL Capital, Better, and others.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
