Sky is set to repackage the assets backing its USDS and DAI stablecoins after receiving a B- credit rating from S&P Global Ratings in August. According to NS3.AI, Sam MacPherson, a representative from Sky, announced plans to introduce a junior risk capital vault, expected in the second quarter, to segregate higher-risk yield exposure. Additionally, Sky has decreased its exposure to Ethena's USDe in an effort to enhance the protocol's appeal to institutional investors.#Sky #USDS #DAI #stablecoins #creditrating #S&P #NS3AI #SamMacPherson #juniorriskcapitalvault #higher-riskyield #Ethena #USDe #institutionalinvestors