Obex Deploys $1 Billion to Connect USDS with RWA Yields, Targeting Credit, Energy, and AI Assets

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Gate News reports that on March 26, the cryptocurrency incubator Obex announced the deployment of $1 billion, connecting Sky Ecosystem's USDS stablecoin with real-world asset (RWA) yields. The funds will focus on lending, energy, and AI asset sectors, including tokenized products such as AI data centers, housing, and energy infrastructure, aiming to provide USDS holders with sustainable returns beyond native crypto yields. As the third-largest stablecoin issuer globally, Sky has a USDS market cap of approximately $10 billion, generating about $43.5 million in annualized revenue in 2025. It plans to increase USDS supply to over $20 billion next year. Previously, Obex was authorized to invest up to $2.5 billion of Sky reserves into RWAs, with this $1 billion deployment being the first actual deployment. Partners include Maple, USD.ai, Daylight, Centrifuge, Securitize, River, TVL Capital, Better, and others.
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