Obex Deploys $1 Billion to Connect Sky's USDS with Tokenized Assets

Obex has initiated the deployment of $1 billion to integrate Sky's USDS stablecoin with income derived from tokenized credit, housing, energy, and AI assets. According to NS3.AI, this marks the first phase of a mandate Obex received last year to allocate up to $2.5 billion of Sky's USDS reserves into real-world assets. Sky's objective is to expand the USDS supply to over $20 billion by next year.