> For the complete documentation index, see [llms.txt](https://docs.onre.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.onre.finance/for-capital-providers/collateral-composition/usds-or-sky-protocol.md).

# USDS | Sky Protocol

A decentralized U.S. dollar stablecoin issued by Sky Protocol (formerly MakerDAO). USDS maintains a soft peg to the U.S. dollar and is supported by over-collateralized positions and real-world asset exposure managed through on-chain governance.

**Protocol**

[Sky Protocol](https://sky.money/)

**Proof of Assets**

[USDS Solana Token Account](https://solscan.io/account/4UK1j8yymsRF2rxt1DnWVAkY3ZnojVwYNStKsD8j23wm)


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