Galaxy says it has added $100 million of Sky’s sUSDS savings token to its treasury and approved it as institutional loan collateral. Neither company disclosed any completed client loans backed by the token. Under the arrangement, borrowers would keep earning Sky’s variable savings rate while pledging sUSDS. That could offset borrowing costs, but the outcome depends on loan terms and future savings rates. https://cryptoslate.com/galaxy-adds-100m-sky-token-and-institutional-adoption-is-tested/