What Is USDS (USDS)?
USDS is the stablecoin of the Sky Protocol, designed as an upgraded version of DAI to enhance stability, scalability, and usability in decentralized finance (DeFi). It is a collateral-backed digital asset that maintains a soft peg to the US dollar, meaning its value is intended to stay close to $1.
Unlike traditional fiat-backed stablecoins, USDS is created through smart contracts and operates within a decentralized, non-custodial system, ensuring users maintain full control over their funds. It plays a central role in the Sky Ecosystem, allowing users to trade, save, and earn rewards while participating in DeFi without reliance on centralized institutions.
How USDS Works
USDS is generated through the Sky Protocol’s collateralized debt system, where users deposit accepted crypto assets such as ETH, USDC, or tokenized real-world assets (RWAs) into Sky Vaults to mint USDS. Each USDS token is backed by a surplus of collateral, helping maintain price stability and preventing under-collateralization. If the collateral value drops below a required threshold, the protocol automatically liquidates the assets to protect the system.
USDS holders can earn passive income by staking USDS in the Sky Savings Rate (SSR) module, which provides a variable interest rate, or by participating in Sky Token Rewards (STRs), which distribute additional incentives based on USDS supply and demand.
Who Are the Founders of USDS?
USDS was developed by Sky Protocol, which emerged from MakerDAO, a DeFi project founded by Rune Christensen in 2015.
How Many USDS (USDS) Tokens Are in Circulation?
USDS is available on various exchanges. It has a circulating supply of 7.22 billion tokens.
How to Buy USDS (USDS) on Bitget?
Consider investing in USDS (USDS)? Follow these steps:
1. Create an account on Bitget .
2. Verify your identity.
3. Deposit funds.
4. Check out the available USDS trading pairs on Bitget.
Is USDS Safe?
USDS is collateral-backed and managed through smart contracts, which help maintain its stability and security. However, like any cryptocurrency, it carries risks such as market fluctuations and potential smart contract vulnerabilities.
Simple 3-step guide to buying USDS today in São Tomé & Príncipe
Create your free Bitget account
Select a funding method
Complete your USDS purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for USDS using a payment method of your choice:
Buy USDS with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tabCredit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget website
Select your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget website
For Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your USDS order.How to buy crypto with credit/debit cardBuy USDS with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into USDS is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your USDS order.How to buy crypto via third-party gatewayBuy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your USDS order.Buy USDS with the fiat balance in your Bitget account
You can Deposit fiat funds using Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your USDS order.P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.How to buy crypto on Bitget P2P
Step 3: Monitor USDS in your Bitget spot wallet

Bitget—where the world trades USDS
How to buy USDS for free
- Learn how to earn USDS for free through the Learn2Earn promotion
- Earn free USDS by inviting friends to join Bitget's Assist2Earn promotion
- Receive free USDS airdrops by joining ongoing challenges and promotions

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A volcanic chain with stunning rock and coral formations, rainforests, and beaches is home to the African island nation of São Tomé Príncipe. São Tomé Príncipe has a population of 227,380 and uses the São Tomé Príncipe Dobra as its official currency. Using the Bitget platform's P2P trading and other crypto deposit features, you may purchase USDS(USDS) and other cryptocurrencies in less than 10 minutes.
The official language of São Tomé Príncipe is Portuguese. The Bitget website and app are available in Portuguese.
São Tomé and Príncipe have some beautiful cities such as São Tomé, Santo Amaro, Neves, Santa Cruz, and many others. Wherever you are in São Tomé and Príncipe, you can effectively trade crypto using the Bitget platform.
The country has an equatorial climate with high temperatures, humidity, and rainfall. Because it is mountainous, the south of the main island is wetter than the north. Early June through late September make up the bulk of the dry season. Between the end of December and the beginning of February, there is a second dry season called "Pequenas Gravana." The majority of São Tomé Príncipe's terrain is mountainous. Other substantial amounts of land are covered with rainforests, the majority of which give place to cloud forests at higher altitudes.
After a period of a transitional government, São Tomé and Príncipe achieved independence on 12 July 1975, choosing as the first president the MLSTP Secretary General Manuel Pinto da Costa. São Tomé and Príncipe have some stunning attractions such as Pico Cão Grande, Cascata de São Nicolau, Lagoa Azul, Obo National Park, and Museu Nacional De São Tomé.