#USDS supply breaks 1.5 billion#

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Hot Topic Overview

Overview

USDS supply has surpassed 1.5 billion, driven primarily by Sky's stable savings rate of 12.5%. Sky (formerly MakerDAO) announced this on X, indicating that USDS supply is steadily increasing.

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Analysis

USDS supply has surpassed 1.5 billion, an event that has drawn market attention. According to Sky (formerly MakerDAO) on the X platform, the USDS supply has exceeded 1.5 billion. This growth is primarily attributed to the Sky savings rate remaining stable at 12.5%, indicating a sustained increase in user demand for USDS. As a stablecoin, the increase in USDS supply reflects the rising market demand for stablecoins, and also signifies growing user trust and recognition of USDS. However, it's important to note that the growth in USDS supply could also bring potential risks. For instance, if market demand for USDS suddenly declines, it could lead to USDS price fluctuations, even a potential collapse. Therefore, investors need to exercise caution when investing in USDS and closely monitor market dynamics.

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Classic Views

USDS supply has surpassed 1.5 billion

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Sky savings rate remains stable at 12.5%

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US dollar supply surges

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USDS supply growth may be related to the stability of Sky savings rate

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