Sky migrated all stablecoin liquidity to Uniswap, and the two have now collaborated to integrate PSM, enabling zero-slippage swaps between USDS and USDC, capable of supporting single orders in the tens of millions. With the previously deployed low-fee pools for pyUSD and USDT, most trades are likely to flow here as well. Now it’s a question of how much new stablecoin liquidity Sky can take on. The two have essentially formed a mutually beneficial relationship in the stablecoin trading space.