Dai

Stablecoins Were Meant to Disrupt Finance. Instead, They Became Idle Cash.

Sky Weighs Doubling USDC Liquidity Buffer to $800M as Stablecoin Demand Surges

TL;DR: The LITE-PSM-USDC-A module records reserves of 4.13 billion dollars in USDC, reflecting a 108% increase compared to October 2024. The technical proposal seeks to raise the pre-minted limit and the DC-IAM gap parameter from 400 million to 800 million dollars. The protocol’s historical record details a maximum daily outflow of 1.75 billion DAI that occurred on May 18, 2026. The decentralized finance ecosystem Sky is evaluating doubling its USDC liquidity buff...

Sky Governance Proposal Seeks To Double USDC PSM Buffer To $800 Million

TL;DR BA Labs has proposed doubling key LITE-PSM-USDC-A parameters in the Sky stablecoin system from 400 million to 800 million. The proposal says USDC reserves stand at 4.13 billion, up 108% since the last recalibration in October 2024. The change would raise daily refresh capacity to 1.6 billion and total serving capacity to 2.4 billion, according to the forum post. The update has been approved by the Core Facilitator team for an upcoming Executive Vote, but it still...

Sygnum’s Multi-Cash Rail Thesis: Stablecoins, Deposits and Money Funds Start to Merge

Stablecoins gave crypto a fast, programmable dollar. Banks brought tokenized deposits to the perimeter of that speed. Now money-market funds are stepping on-chain. For treasurers, exchanges, DAOs, and market makers, the real question is no longer “which rail is best?” but “how do these rails work together without adding risk or friction.” Sygnum’s multi-cash rail thesis says the future cash stack blends stablecoins, bank deposits, and tokenized money funds into one program...