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Galaxy Adds $100 Million of sUSDS to Treasury, Approves It as Loan Collateral

TLDR — Galaxy Digital has added $100 million of Sky Protocol’s sUSDS to its corporate treasury and approved it as collateral across its institutional trading business, Sky said.

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Galaxy Digital has added $100 million of Sky Protocol’s sUSDS to its corporate treasury and approved it as collateral across its institutional trading business, Sky said. The collateral decision lets clients pledge sUSDS for a Galaxy loan while continuing to accrue the Sky Savings Rate on the full... Read the full story at The Defiant

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