Sky, the decentralized finance protocol formerly known as MakerDAO, launched its stablecoin USDS and yield-bearing sUSDS on Avalanche via Skylink, a unique crosschain bridge. The bridge began with a 5 million daily transfer cap, expected to increase by April 27.
Pakistan's central bank has opened its banking system to licensed virtual asset service providers, reversing a previous ban. This change, following the Virtual Assets Act 2026, allows crypto businesses access to banking services under strict regulations.