Galaxy commits $100M to Sky Ecosystem for sUSDS
- —Galaxy allocated $100M to Sky Ecosystem's sUSDS
- —Sky's Peg Stability Module has processed $550M in USDC-USDS swaps
- —Greg Feibus and John Conneely are involved in the deal discussions
Why it matters: A major institutional allocation into Sky's stablecoin module reinforces confidence in DeFi infrastructure for institutional players.
Source: Coinfomania