Sky’s Flagship Stablecoin USDS Goes Live On Solana With Wormhole’s NTT Framework

Sky’s Flagship Stablecoin USDS Goes Live On Solana With Wormhole’s NTT Framework

The post Sky’s Flagship Stablecoin USDS Goes Live On Solana With Wormhole’s NTT Framework appeared first on Coinpedia Fintech News

USDS, Sky’s flagship stablecoin (formerly DAI) and the third-largest stablecoin by market cap, is now live on Solana with Wormhole’s NTT framework. This landmark integration enables seamless native USDS transfers across the Ethereum and Solana blockchains. Wormhole’s NTT framework is flexible and open, ensuring the seamless transfer of native tokens across blockchains. Sky’s implementation of the framework will incorporate its numerous functionalities so that users can interact with its USDS token across chains while maintaining the highest security and efficiency standards.