Obex Deploys $1 Billion Distributed Investment to Enhance Yield on Sky's USDS Stablecoin

SKY1,76%
CFG-5,66%

BlockBeats News, March 26 — Cryptocurrency incubator Obex announced the deployment of $1 billion, connecting Sky Ecosystem’s USDS stablecoin with real-world asset (RWA) yields. The focus is on lending, energy, and AI asset sectors, including tokenized products such as AI data centers, housing, and energy infrastructure. The goal is to enable Sky Ecosystem to go beyond “cyclical” crypto-native yields and provide USDS holders with higher quality and sustainable returns.

As the third-largest stablecoin issuer globally (USDS market cap around $10 billion), Sky generated approximately $43.5 million in annualized revenue in 2025 and 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 RWA, with the $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.

Related Articles

Topnod Self-Custody Wallet Becomes Official Partner of Layer1 Blockchain Pharos

Topnod has partnered with Layer1 blockchain Pharos, providing a user-friendly self-custody wallet that simplifies access to real-world assets. It will support Pharos's airdrop activities and facilitate the distribution of RWA assets on the Pharos chain.

GateNews37m ago

Buck Protocol Announces Closure, Holders to Receive Full Redemption

The Buck protocol announced an immediate shutdown, ensuring holders receive 100% capital returns with fully backed reserves. A redemption window has opened with no time limit for asset retrieval.

GateNews1h ago

XRP Evolves From Bridge Asset to DeFi Collateral, Says Evernorth CEO

Evernorth CEO Asheesh Birla is shifting XRP's role from a settlement tool to a productive asset in decentralized finance, focusing on capital efficiency. The company aims to activate dormant capital through initiatives like native XRP lending, positioning XRP as a key player in credit markets.

CryptoFrontier5h ago

Sui Launches USDsui Stablecoin Across DeFi Ecosystem

Sui has launched USDsui, a stablecoin integrated into its DeFi ecosystem for trading, lending, and application development, enhancing liquidity and supporting developers in building efficient financial tools.

GateNews11h ago

Mitsui Deploys Zipangcoin Tokenized Gold on Optimism Mainnet

Mitsui & Co. Digital Commodities has launched Zipangcoin (ZPG), representing precious metals, on Optimism's OP Mainnet, enhancing trading efficiency and accessibility for investors. This move supports the adoption of tokenized real-world assets in the digital investment landscape.

GateNews12h ago

Justin Sun Unveils Tron Post-Quantum Plan as Crypto Security Debate Grows

Justin Sun said Tron will pursue a post-quantum upgrade, aiming to bring NIST-backed cryptography to its mainnet. Key Takeaways: Justin Sun said Tron will launch a PQC upgrade. NIST standards may strain Tron throughput due to 10x larger signatures. TRX traded near $0.33 as roadmap details

Coinpedia12h ago
Comment
0/400
No comments