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Galaxy Adds $100 Million of sUSDS to Treasury, Approves It as Loan Collateral
Published Source: The DefiantRead original
Crypto Insight Summary: Clients can keep earning Sky’s 3.6% savings rate while pledging sUSDS to Galaxy, whose institutional lending business carries a $1.4 billion average loan book. Crypto Insight Analysis: Direction: Bullish GT Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Galaxy's $100M sUSDS addition boosts institutional confidence and lending capacity.