Credit ratings compress complexity into clarity. In TradFi, they turn products into usable inputs. Unlocking liquidity, reducing search costs, and enabling scale.
For the first time, a stablecoin system has crossed that threshold. That stablecoin is @SkyEcosystem USDS
Spark was built to solve what traditional banking ignored.
Now it has $3.5 billion in USDS deployed and generates over $250 million in annualized revenue for Sky Protocol.
Stars in the Sky: the journey of @hexonaut contributing to @sparkdotfi.
Sky used 1.39 million USDS last week to buy back 16.55 million SKY.
The total now stands at 1.11 billion SKY bought back, about 3.28% of the entire supply.
Now expanding to Avalanche with a $250M target deployment into Centrifuge’s JAAA, @grovedotfinance is scaling institutional credit onchain.
The RWA Star.