🔥 Trending event · 3 sources

Galaxy adds $100 million in sUSDS and approves it as loan collateral

First reported September 23, 2026 by The Block · covered by 3 sources

In short

Galaxy added $100 million worth of Sky’s sUSDS savings token to its treasury and approved it as collateral for institutional loans. Clients can pledge sUSDS while continuing to earn Sky’s 3.6% savings rate. No volume of sUSDS-backed client loans was disclosed.

Written by our news service from the 3 sources below, updated September 24, 2026.

Timeline

Sep 23, 12:00 UTC · The Block
Galaxy adds $100 million in Sky’s sUSDS to treasury, buys SKY token as firms deepen lending ties ↗
Sep 24, 04:30 UTC · CryptoSlate
Galaxy adds $100M Sky token and institutional adoption is tested ↗

All coverage

Galaxy adds $100 million in Sky’s sUSDS to treasury, buys SKY token as firms deepen lending ties

Galaxy added $100 million in sUSDS to its treasury and approved the Sky savings token as institutional loan collateral.

Sep 23, 2026 · byThe Block

Galaxy Adds $100 Million of sUSDS to Treasury, Approves It as Loan Collateral

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.

Sep 23, 2026 · byThe Defiant

Galaxy adds $100M Sky token and institutional adoption is tested

Clients can pledge the savings token, though the companies disclosed no sUSDS-backed client loan volume. The post Galaxy adds $100M Sky token and institutional adoption is tested appeared first on CryptoSlate .

Sep 24, 2026 · byCryptoSlate