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Stablecoin Market - SkyEcosystem's sUSDS surpasses Ethena_Eco's sUSDe in market capitalization [1] - sUSDS becomes the largest yield-bearing stablecoin [1]

ICYMI: @SkyEcosystem's sUSDS overtakes @Ethena_Eco's sUSDe in market cap & becomes the largest yield-bearing stablecoin. https://t.co/fX8ZotGOXh ...

Say goodbye to passive stablecoins.🚀 Introducing BMRUSD, BitMart’s next-gen yield-bearing stablecoin.7.50% APY ✔️Principal Guaranteed ✔️T+0 Access ✔️0 Fees ✔️Make your USDT work harder.Subscribe now: https://t.co/AuLlGClG7s#RWA #Earn https://t.co/7KrVjB7zZz ...

👥💰 The number of sUSDS holders w/ an sUSDS balance over $1M is up ~100% since the start of the year.sUSDS is a yield-bearing version of @SkyEcosystem's USDS stablecoin.sUSDS accrues yield from the returns generated on the collateral assets that back USDS. https://t.co/79kb2twMfL ...

Why would anyone need two stablecoins??? 🤔Here's my take...Sui Group (which holds over $300M in SUI) partnered with Ethena to issue yield-bearing suiUSDe and non-yield USDi stablecoins, launching by end of 2025.This is likely to have a dual offering which appeals to yield-hungry investors as well as sophisticated, regulated stablecoin users.This 'barbell' of sorts accurately depicts two types of stablecoins that will likely persist.Regulated, GENIUS compliant stablecoins & far-less compliant, less regulated ...