Yield-Bearing Stablecoin Supply Drops 15% in Q2, Ending Three-Year Growth Run
sUSDS also contracted, contributing to the 15% supply drop in yield-bearing stablecoins.
- ▼ Supply contraction in Q2
- ▲ Maker/Sky protocol incentives could reverse trend
- ▲ Competition from yield-bearing alternatives
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Is sUSDS supply decline related to Sky's restructuring?
The article does not explicitly link the decline to Sky's restructuring, but it notes the contraction happened alongside the broader yield-bearing stablecoin slowdown.
Could sUSDS regain supply growth?
Yes, if the Sky protocol introduces new incentives or if market conditions shift back toward crypto-native yields, but the article suggests the current trend favors Treasury-backed products.