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Sky’s $4.4 billion liquidity disclosure shows why USDS cash-outs need a separate bank route

Sky’s October 9 PSM disclosure highlights existing conversion liquidity, while borrowing and token migration need not bring matching new dollars into crypto.

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Sky’s $4.4 billion liquidity disclosure shows why USDS cash-outs need a separate bank route
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Story summary

Sky’s October 9 PSM disclosure highlights existing conversion liquidity, while borrowing and token migration need not bring matching new dollars into crypto.

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