Two decentralized financial altcoins (DEFI) suddenly obtained support from the main crypto exchange platform based in the United States Coinbase.
In a new announcement, Coinbase says that he adds Sky (Sky), formerly known as Makerdao, as well as its associated Stablecoin USDs (USD), following its digital active ingredients.
“Sky (Sky) and USDS (USDS) are now live on Coinbase.com and in IOS & Android Coinbase Applications. Coinbase customers can connect to buy, sell, convert, send, receive or store these assets. ”
The news of the additions had little impact on the tokens, because Sky is negotiated at $ 0.0836 at the time of the editorial staff, a gain of 3% in the last 24 hours, while the USDS has remained at the value of the US dollar.
According to the Crypto Messari analysis company, Makerdao renamed Sky for the first time in August 2024, replacing its Governance MKR token by Sky and its digital assets caught in dollars by USDS.
Messari says that the brand change was part of the “end of game” strategy of the development team, which is a plan to promote growth and accessibility within the DEFI ecosystem and create bridges towards traditional finance.
“Brand change is intended to appeal to a wider audience beyond the crypto-native community, signaling a change towards traditional finance and potentially increase adoption …
Overall, the brand change to Sky is a strategic decision in the manufacturer’s end -of -part plan to improve the growth, accessibility and resilience of DEFI, although it is confronted with challenges in the acceptance of the community and the brand’s identity. »»
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