Instruments · Payment Stablecoins

Sky Dollar

USDSDollar Stablecoin
No yield
Yield / return

A stablecoin tracking the US dollar, crypto-backed. Trading -0.04% against one USD.

On exchanges or on a DEX with a self-custody wallet (no KYC), or converted 1:1 from DAI in the Sky app. The yield comes from staking it as sUSDS, which earns the Sky Savings Rate.

Who may buy is set by the issuer — check their terms.

Price, yield and minimum: check with the provider

Our source lists what USDS is, and the chains it is deployed on — but states no price, yield or minimum for it. Those fields are left empty here rather than estimated.

Key facts

Yield / return
No yield
Liquidity
Traded on public markets — venues not verified
KYC
To buy on a market: no KYC. To mint with the issuer: no KYC.
Figures verified
2026-10-11

Details

Issuer
Sky (formerly MakerDAO)
Type
Dollar Stablecoin
Category
Payment Stablecoins
Pillar
Fixed Income
Network
Ethereum / Arbitrum / Solana (+4)
Jurisdiction
United States
AUM
$6,593,113,727 circulating
EU (MiCA)
No issuer to authorise

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What kind of asset is this? All types explained →

Buying USDS: common questions

How do I buy USDS?

On exchanges or on a DEX with a self-custody wallet (no KYC), or converted 1:1 from DAI in the Sky app. The yield comes from staking it as sUSDS, which earns the Sky Savings Rate. The token runs on Ethereum / Arbitrum / Solana (+4).

Do I need KYC to buy USDS?

Not on the secondary market: USDS can be bought on a DEX without identity verification.

Can I buy USDS in the EU?

Not reliably. USDS has no central issuer that could be authorised under MiCA, and many EU-regulated platforms have stopped offering it. You can still swap into it on a DEX from your own wallet. Issued by the Sky protocol with no central issuer to authorise.

Figures last verified against a live source on 2026-10-11. Yields are variable and not guaranteed. Not investment advice. © 2026 TokenBank — operated by NumericalsAI Inc. · JSON