MakerDAO rebrands as Sky and debuts a new USDS stablecoin, but the token draws backlash after users noticed it allows the issuer to remotely freeze the asset (Krisztian Sandor/CoinDesk)

Krisztian Sandor / CoinDesk: MakerDAO rebrands as Sky and debuts a new USDS stablecoin, but the token draws backlash after users noticed it allows the issuer to remotely freeze the asset  —  MakerDAO co-founder Rune Christensen said the feature won't be live when the USDS token goes live and the old DAI token will remain in circulation unchanged.

Aug 27, 2024 - 21:00
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MakerDAO rebrands as Sky and debuts a new USDS stablecoin, but the token draws backlash after users noticed it allows the issuer to remotely freeze the asset (Krisztian Sandor/CoinDesk)

Krisztian Sandor / CoinDesk:
MakerDAO rebrands as Sky and debuts a new USDS stablecoin, but the token draws backlash after users noticed it allows the issuer to remotely freeze the asset  —  MakerDAO co-founder Rune Christensen said the feature won't be live when the USDS token goes live and the old DAI token will remain in circulation unchanged.

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