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Sky
Sky Money offers USDS, a decentralized stablecoin for payments and savings on Ethereum/Polygon, targeting web3 users with low fees and DeFi integrations.
Industry
Finance & Insurance
Market Categories
Stablecoin Issuers
Business function (Horizontal)
Headquarters Location
Switzerland
Product Name
Sky Money (USDS Stablecoin)
Parent Company
Sky
Founder
Rune Christensen
Web2vsWeb3
Web3
Access Model
API
Target Users
Consumers
Competitors
USDC (Circle), USDT (Tether), DAI (MakerDAO), FRAX
Business Function (stablecoins)
Feature completness
Product differentiation
USDS offers yield via Sky’s DeFi ecosystem, unlike competitors like USDC/USDT.
Privacy & Data protection certificate
GDPR Compliance
Years in business
2.49
Employees
10-100
Horizontal Applications
Decentralized Finance (DeFi) Applications, Peer-to-Peer (P2P) Payments
Tech stack modernity
Modern; leverages Ethereum/Polygon, Solidity smart contracts; AWS inferred for backend.
Product Roadmap
Multi-chain expansion (Avalanche, Solana), fiat gateways planned for 2024-25.
Product Roadmap
Multi-chain expansion (Avalanche, Solana), fiat gateways planned for 2024-25.
API Quality
Production-Ready
Documentation Link
Enterprise readiness
Low - Suitable for crypto-native firms; lacks SLAs and compliance assurances for enterprises.
Security & Compliance Readiness
Blockchain security with historical MakerDAO audits; GDPR compliant.
Documentation quality assessment
Moderate; missing advanced API error handling.
Support Methods
24-48h response via Discord; no dedicated account management or formal support options.
Critical capabilities
USDS stablecoin on Ethereum/Polygon; supports smart contracts for fast, low-cost payments. Focused on fintech and decentralized finance (DeFi) with stablecoin adoption. Tools for payments, savings, and cross-border transactions.
Support & Account Management
24-48h response via Discord; no dedicated account management or formal support options.
51 Score™
390.42
Product & Service
52.0
Stability & Maturity
16.7
Technology & Innovation
40.0
Enterprise Readiness
47.5
Categorization
Founder
Rune Christensen
Parent Company
Sky
Market category
Stablecoin Issuers
Target Users
Consumers
Top competitors
USDC (Circle), USDT (Tether), DAI (MakerDAO), FRAX
