Obex Deploys $1 Billion in Distributed Investment to Boost Yield of Sky's USDS Stablecoin

BlockBeats News, March 26th, cryptocurrency incubator Obex announced the deployment of a $1 billion fund, connecting the Sky ecosystem's USDS stablecoin with real-world asset (RWA) yields, focusing on credit, energy, and AI asset sectors, including AI data centers, housing, and energy infrastructure tokenized products. The goal is to elevate the Sky ecosystem beyond "circular" crypto-native yields, providing USDS holders with higher quality, sustainable returns.

Sky, as the world's third-largest stablecoin issuer (with a USDS circulation of around $10 billion), has generated approximately $435 million in annualized revenue by 2025 and plans to increase the USDS supply to over $20 billion next year. Previously, Obex was authorized to allocate up to $2.5 billion from Sky's reserves to RWAs, with this $1 billion being the initial deployment. Partners include Maple, USD.ai, Daylight, Centrifuge, Securitize, River, TVL Capital, Better, etc.