Sky Protocol’s stablecoin USDS flips Ethena’s USDe

Sky Protocol is trying to flip Ethena as the more active DeFi app, with a higher supply of stablecoins. The recent market downturn is affecting DeFi, as protocols adapt with shifting earnings rates and lower stablecoin supply. source: https://www.cryptopolitan.com/sky-protocols-stablecoin-usds-flips-ethenas-usde/